Government considers contentious pension reform measures

As of August 11, 2026, the government is nearing the finalization of a pension reform bill scheduled for presentation to social partners. Reports indicate that the administration is considering a controversial proposal to reduce future high-income pensions to subsidize increases for low-income pensioners.

This specific actuarial proposal had been previously rejected by the President of the Republic but has reportedly resurfaced within government corridors. According to current information, the proposed reduction would target future retirees rather than current pensioners. Social partners have expressed strong opposition to this strategy, explicitly warning the government against submitting such a bill.

While the government maintains that the proposed percentage reductions are necessary to cover state losses, the plan remains a subject of significant concern. There is no official confirmation of the final version of the bill, and negotiations are entering a critical phase as the deadline for presenting the legislation to stakeholders approaches.