People who want to buy more experience in order to receive a retirement pension or early retirement still have until August 31. So far, 23,044 Romanians have signed contracts with the National State Pension House in this sense.

According to the law, persons who do not meet the condition of insurance experience can contribute to the system by paying social insurance contributions for 6 years before the date of conclusion of the social insurance contract.

• According to GEO 163/2020, which was later amended by Law 168/2021.

The monthly basis for calculating the social insurance contribution is the insured monthly income specified in the social insurance contract, which cannot be lower than the total minimum basic wage in the country guaranteed in the payment valid on the date of the conclusion of the social insurance contract.

How much is a year in 2023

Given that the minimum wage has increased to 3,000 lei gross since January 1, 2023, the rate will increase to 750 lei from 638 lei in 2022.

That is, if someone wants to buy 1 year, he will have to pay 9,000 lei.

In accordance with the law, social insurance contributions are paid once or in monthly installments until August 31, 2023.

If, as of August 31, 2023, the social insurance contribution has not been paid in full, the insurance period is established in accordance with the payment made.

Payment of the social insurance contribution is carried out by any means of payment provided for by law, including cash, at the cash desk of the territorial pension house, within the radius of which the place of residence of the interested person is located, or at the representative designated by him by special order. power of attorney

The periods of time for which a social insurance contract can be concluded and a contribution to social insurance can be paid are the period between the date of reaching the age of 18 and the date of reaching the mandatory retirement age.