Romania and the United States have established a bilateral social security agreement that fundamentally changes how cross-border workers and retirees access pension benefits between the two nations.

Until February 2020, the Romanian legal framework regarding pensions followed the three-pillar model generally promoted by the World Bank.

A new obligation is established for employers via the template employment agreement. Order no. 585/2021 introduces two changes to the template employment agreement:

In order to stimulate employment, the Romanian state offers employers a number of relatively easily accessible job incentive programmes.

Romanian employment law is the product of constant changes made over the last years in order to establish equilibrium between the power of union organisations and the power of the employers.

Labour and Employment Comparative Guide for the jurisdiction of Romania, check out our comparative guides section to compare across multiple countries

Labour and Employment Comparative Guide for the jurisdiction of Romania, check out our comparative guides section to compare across multiple countries