Moldovan parliament adopts 2013 state social insurances budget in first reading

On October 19 the MPs adopted in the first reading a draft law of state social insurances budget for 2013.

The draft law was debated for more than two hours by the MPs and was backed by the majority of the governing coalition's MPs. The parliamentary opposition criticised the draft law, which according to them is inefficient and likely to even more aggravate poverty.

The draft law approved by the MPs did not include the government's suggestion to redistribute the total rate of the state social insurances amounting to 29 per cent, out of which the employer's rate was going to reach 22 per cent and the employee's rate seven per cent. The MPs have chosen the old version of the draft law.

The draft law of the social state insurances budget for 2013 provides for revenues amounting to 10.5 billion lei, up by 7.2 per cent against 2012. It also provides for spending amounting to 10.6 billion lei, up by eight percent against last year.

According to the draft law, social insurance pensions and invalidity allowances, as a result of a work accident, will be indexed by 8.05 per cent.

The single allowance payment for child birth will increase by 300 lei, and for each next child, by 200 lei. Death allowances will increase by 200 lei, whereas social allocation for disabled care will increase by 100 lei.

Adapted from Moldpres


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