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Romania To Set Unemployment Aid At 75% Of RON500 Reference Social Indicator

Unemployment aid in Romania will be set next year at 75% of the national reference social indicator, which is currently 500 lei (EUR1=RON4.2996), and will no longer be tied to minimum wage, increased to RON670. The new system will be applied as of January 1, 2011, according to a draft emergency ordinance, obtained by MEDIAFAX. It says people who have paid social security contributions for at least one year will be entitled to unemployment aid in the amount of 75% of the reference social ...

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