Romanian Senate Standing Bureau Denies Emergency Procedure For Pension Reform

Democrat liberals asked for the pension bill to be reexamined with urgency and proposed the Senate’s labor committee should draw up a report on the bill in a week, as it only has one article to reexamine.

The pension bill was sent back to Parliament for reexamination by President Traian Basescu, who requested lawmakers lower the set retirement age for women to 63 instead of 65. However, opposition social democrats, liberals and conservatives in the Senate’s standing bureau proposed the labor committee should draw up its reports within three weeks.

The reexamination and final adoption of the bill, which aims to overhaul the country’s public pension system and which the International Monetary Fund has set as a condition for Romania’s bailout loan, could be delayed for a long time, as the Constitution does not set timeframe obliging the Parliament to reexamine a bill. Romania was supposed to have adopted the pension bill by the end of September.

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