Government approves judges' pension reform, raising retirement age and capping benefits in Romania

The government approved a bill on judges' pensions, increasing retirement age and capping pensions at 70% of net income. The new law gradually raises the minimum retirement age to 49 by 2026, then increases it annually towards the public system's standard age and eventually 65. It also introduces a 35-year work experience requirement. The pension amount will be calculated at 55% of average gross benefits and bonuses over 60 months, with a 70% net income cap. Bonuses and updates will only apply to those already qualifying.