**Table A5. Dynamic of the number of social insurance pensions beneficiaries and of the average pension, by type, in the period 2015-2017, end of period**

|Title of the payment|Number o|f beneficiarie|s, persons|Average p|ension, MD|L / month|
|---|---|---|---|---|---|---|
||**2015**|**2016**|**2017**|**2015**|**2016**|**2017**|
|TOTAL|**677150**|**688574**|**692196**||||
|**Old age pensions**|518837|531801|532976|1191.83|1301.14|1456.86|
|**Anticipated pension for old age**|||8377|||2793.71|
|**Disability pensions**|133713|132920|128549|933.42|1018.30|1149.35|
|**Successor pensions**|15229|14242|12964|603.20|670.33|755.04|
|**Pension for work seniority**|92|71|67|677.53|738.37|787.69|
|**Pensions to some categories of employees in the**<br>**civic aviation sector**|622|617|598|6289.65|6929.70|7437.53|
|**Pensions to MPs**|270|271|260|4048.26|4367.39|4690.77|
|**Pensions to members of the Government**|74|69|69|5458.83|5914.13|6172.91|
|**Pensions topublic officials**|7063|7323|7094|1806.46|2011.09|2177.86|
|**Pensions to local elected officials**|703|719|695|2171.50|2376.91|2550.65|
|**Pensions to customs officers**|14|13|13|2604.30|2899.27|3096.42|
|**Pensions toprosecutors**|238|238|233|2828.27|3160.58|3512.09|
|**Pensions tojudges**|268|264|274|6160.76|7177.60|7860.76|
|**Pensions to some employees in the culture sector**|27|26|27|563.28|635.19|672.82|

_Source: 2017 Annual Report of the National Office for Social Insurance._ Two criteria apply for the person to be entitled to receive old age pension: retirement age and period of contribution.

Until 2017 the standard retirement age was 57 years for women and 62 years for men. A gradual increase and convergence of the retirement ages for men and women has started in 2017, so that it reaches 63 years for men by 1 of July 2019 and 63 years for women by 1 of July 2028.

By 2017, the general period of contribution was 30 years for women and 33 years for men. As in case of the retirement age, the contribution period has been set to increase. It is already 34 years for men, and will reach 34 years for women by 1 of July 2024.

As part of the pensions system reform and with the purpose of increasing the replacement rate, a new formula for calculation of the pension has been introduced: Where:

- _P_ - the amount of the pension;

- _1.35%_ – accumulation rate for the contribution years realized after 1 of January 1999;

- _Tt_ – contributions period, years;

- _coni_ – sum of individual contributions paid for the period _i_ ;

- _Ci_ – individual contribution quota established for the period _i_ ;

- _Ki_ – valorization coefficient established for the period _i_ ;

- n – number of months for which contributions have been calculated and paid.

The part of pension paid from the SSIB is subject to annual indexation on the basis of CPI inflation (until 2017, the indexation rate was calculated based on both CPI and average wage growth). In 2017, the average old pension increased 6.8% in nominal terms, thanks to both indexation and legislative amendments.

Starting with 2017, as provided by the pensions reform, the persons can retire before reaching the minimal retirement age, but not earlier than 3 years before reaching the retirement age. According to the National Office for Social Insurance annual report, all of the 8,377 persons receiving anticipated pensions are men who retired early.

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