Granting of life annuity.*
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The performance athlete who has won a gold, silver or bronze medal in individual or team events at the Olympic Games or a gold medal at the World and European Senior Championships (Olympic events) is entitled, upon request and with confirmation from the Ministry of Youth and Sports, to a lifetime annuity. Following the application submitted by the athlete, the Ministry of Youth and Sports forwards the application to the national sports federation, which, within 3 days, certifies:
- the retirement of the applicant from competition;
- the performances achieved for which the lifetime annuity is requested
The application, accompanied by the note from the national sports federation, is submitted to the Romanian Olympic Committee, which, within 3 days, certifies that the performance was achieved in an Olympic event. The performance athlete who benefits from a lifetime annuity is obliged to notify in writing, within 30 days, the Ministry of Youth and Sports of their return to official competitive activity as an active athlete.
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In the case of a dispute between the beneficiary and the competent authority, the provisions of common law shall apply.
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