Versiunea pentru tiparire
Trimite prin e-mail

Marimea textului:

Foreign investors demand the Government, in an open letter, to keep to the original scheme of increasing contributions and say that, otherwise, the incomes of the participants are affected and managers lose confidence in Romania, after having invested about 500 million euros.
"It is our belief that if the Government does not return to the original scheme of contributions paid to private pension pillar II, it will certainly affect the future income of the Romanian employees of today, and will also have a negative impact on the entire Romanian economy," said the CEO of the Netherlands Chamber of Commerce in Romania, Nuria Artigas Simon, in the letter to the Romanian authorities.
The foreign investors remind that the companies that entered the mandatory private pensions market have invested over 500 million euros from the launch of the system and failure to meet the schedule can erode the trust of foreign investors in Romania.
"Foreign investors who founded here the private pension funds management companies lose confidence in this system and in Romania, if these reforms do not continue as they were proposed at the start of the system," says Artigas, quoted by the Romanian Private Pension Funds' Association (APAPR).
Artigas explained that the reduction of the active population contributing to public pension budget, combined with the aging of the population put increasing pressure on the public pension system existing in Romania.
The initiative of the foreign investors was coordinated by the Chamber of Commerce of the Netherlands in Romania, joined by the U.S. Chamber of Commerce in Romania (AmCham), Foreign Investors Council (FIC) and the Chambers of Commerce of Italy, Switzerland and the UK in Romania.
According to the law, on 1 January of each year, after the implementation of mandatory private pension system, the rate of contribution to the mandatory pension system would increase annually by 0.5%, up to 6% of gross income of employees, within eight years.
The 2009 budget blocked the level of contribution to the mandatory private pension funds at 2% of gross salary this year. The recovery of the 0.5% increase in the contribution to pillar II planned for 2009 would be made in a year with economic growth, according to the authorities.
The government has not announced yet whether or not the level of the contribution will increase in 2010.