The Romanians Will Be Able to Have More Pension Money, on the American Model. The Law Was Adopted by the Chamber of Deputies
16 Articles
16 Articles
The Romanians will be able to have more money at the time of retirement by saving and investing on the stock exchange, on the American model. Chamber of Deputies, for decision in this case, adopted Wednesday the Law of the Accounts of Economy and Investment (CEI) with 262...
A new financial instrument for saving pensions could be introduced in Romania, following the model system used in the United States. The Committee for the Budget of the Chamber of Deputies approved a preliminary report for the draft law on the establishment of the Economic and Investment Accounts, known under the CEI abbreviation.
The Budget Committee of the Chamber of Deputies has drawn up a favourable preliminary report for the project that introduces a new way to save for pensions, according to the American model. Article American model pension in Romania. How will the Savings and Investment Accounts work first appears in Romania TV.
The Committee on Budgets of the Chamber of Deputies has drawn up a preliminary report on the adoption of the draft legislation regulating the legal framework for pension accounts, called the Economy and Investment Board (EIB), according to the model of accounts similar to 401(k) and IRA (Individual Retirement Account) of the United States, according to profit.ro data. Beneficiaries will invest in securities on the market ...
Parliament adopted the law of the CIS accounts for savings and investments, with the variants CIS-S and CIS-D and different taxation.
The Romanians will be able to save and invest in the long term for the period of retirement through a new type of account, which benefits from a special tax regime. The Law on Savings and Investment Accounts has been adopted by Parliament and is to be sent to the President for promulgation.
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