ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of March 17, 2008 No. 316

About indexation of benefits of social insurance and some public social benefits

The government DECIDES:

1. Establish coefficient of indexation of benefits in 2008 in the amount of 17% proceeding from the annual growth of consumer price index for 12,3 of % and increase in the average salary over the country in previous year on % 21,7.

2. Since April 1, 2008 are indexed:

1) all types of the pensions established and counted based on the Pensions act of the national social insurance N 156-XIV of October 14, 1998;

2) long-service pensions which are paid from budget funds of the national social insurance;

3) the pensions of government employees established based on the Civil service law N 443-XIII of May 4, 1995;

4) the pensions of customs officers established based on the Law on service in customs authorities N 1150-XIV of July 20, 2000;

5) the disability benefits established based on the Insurance law from labor accidents and occupational diseases N 756-XIV of December 24, 1999.

3. To perform indexation of pensions of deputies, members of the government, government employees, local elected persons and customs officers only for that part which is paid from budget funds of social insurance.

4. Since April 1, 2008 the size of index-linked minimum pension will constitute:

Leu 422,96 - the size of old-age pension for workers of agricultural industry;

Leu 475,09 - the size of old-age pension for other receivers of old-age pension;

Leu 337,98 - the pension size on the I group of disability;

Leu 326,38 - the pension size on the II group of disability;

Leu 229,82 - the pension size on III group of disability.

5. Establish, since April 1, 2008, coefficient of indexation of the capitalized time payments established on the basis

The law on capitalization of time payments N 123-XIV of July 30, 1998, in the amount of 17% proceeding from the annual growth of consumer price index for 12,3 of % and increase in the average salary over the country in previous year on % 21,7.

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