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    BUCHAREST, (6 ian 2010)

    Romanian Lawmakers Approve Social Security Contribution Reduction

    Romanian parliament commissions for labor and health Wednesday approved an amendment to the social security budget for 2010, according to which employees’ and employers’ social security contributions will be reduced, although the draft budget stipulated they would remain at the last year’s level.

    Romanian Lawmakers Approve Social Security Contribution Reduction

    According to the amendment approved by lawmakers in labor and health commissions, the contribution quotas will be set at 21.8% for normal labor conditions, of which 9% will be paid by employees and 12.8% by employers, at 26.8% for particular labor conditions and at 31.8% for special labor conditions.

    According to the social security draft budget, social security contributions should have been maintained at the last year's level, both for employers and employees.

    Thus, social security contribution for normal labor conditions should have been of 31.3%, as in 2009, of which 10.5% were to be paid by employees and 20.8% by employers, social security contribution for particular labor conditions should have been kept at 36.3%, and that for special labor conditions at 41.3%.

    At the moment, contributions paid by employers and employees are of 40.05% of the gross wage, although it should have dropped by 2%, from 39.5% to 37.5%, starting January 1, 2009.



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