Pensions in the Republic of Moldova could be indexed by approximately 10% in April 2027, depending on the inflation rate recorded by the end of this year, Labour and Social Protection Minister Natalia Plugaru said.
Speaking on the “Cutia Neagră” programme on TV8, Plugaru explained that the annual pension indexation is linked to the consumer price index, meaning the exact percentage can only be determined once the inflation rate for December is known.
“Normally, the state has to index pensions according to the consumer price index, that is, according to inflation,” Natalia Plugaru said.
Asked whether the indexation could reach 10%, the minister said such a scenario was possible, as some forecasts point to inflation of up to 10%.
“The figure you gave — approximately, as an estimate, 10% — could be reflected in next year’s indexation. We will have a more precise figure at the end of the year,” Plugaru said.
At the same time, the minister acknowledged discussions that inflation-based indexation does not always fully compensate for the price increases people experience for certain goods and services.
Plugaru said, however, that according to analyses by the Ministry of Labour and Social Protection, pensions have increased at a faster rate than the consumer price index in recent years.
Pensions were indexed by 6.8% last year.
For 2027, the final indexation rate will be determined after official data on inflation for 2026 are published.