Republic of Moldova to increase pensions and social benefits in 2025
Pensions and other social benefits are projected to be indexed by 6.1% starting April 1, 2025. Moreover, beginning May 1, 2025, the minimum pension for those reaching retirement age will be raised to 3,300 lei (~170 euro) for individuals with a full 40-year contribution period.
For individuals with disabilities, the minimum pension will be increased to 2,258 lei. These provisions are outlined in the Law on the State Social Security Budget for 2025, which has been approved by Parliament.
Furthermore, from January 1, 2025, the monthly state allowance for rehabilitated victims of political repression will be increased. The monthly allowance for war veterans will also rise to 1,610 lei. Another provision involves including the period of partially paid parental leave as special work seniority for contract-based military personnel, as well as granting energy compensation through monetary payments under a new compensation mechanism.
The state social security budget also includes increases in social benefits for families with children. The one-time childbirth allowance will increase to 21,350 lei (~1,100 euro). Over 72,000 children under the age of two will receive a monthly allowance of 1,000 lei, regardless of whether their parents are insured. In addition, insured parents will also receive a monthly allowance for raising the child until the age of three, with the amount determined based on the higher income of the parent.
According to the document, total revenues are projected at 46.51 billion lei, reflecting an 8.7% increase compared to the approved revenues for 2024. The same amount of 46.51 billion lei is also earmarked for expenses.
According to the document, the expenses of the State Social Security Budget are allocated across 10 subprograms, administered by the National House of Public Pensions. The largest share of BASS expenses is allocated to securing pension rights for the retirement age, totaling 30.7 billion lei, reflecting a 6.7% increase compared to the previous year.
Translation by Iurie Tataru
