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| Pensions to grow by €8 next year |
| Bratislava, 28.07.2016 |
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| Old-age pensions of retired people in Slovakia should increase by a fixed sum exceeding €8 per month in 2017. This will be more than this year when they grew by a mere €1.9. Pensioners will be able to enjoy higher pensions thanks to a change to the valorisation mechanism proposed by the Labour Ministry.
“We have prepared a proposal of a change to the valorisation mechanism already for 2017,” said Ján Richter as cited by the Pravda daily. He specified that this change would increase monthly old-age pensions by 2 percent or about €8.2. This will require an additional €137 million from the state budget.
The increase of pensions in Slovakia has been slowed down by a low increase of prices as the valorisation mechanism is pinned to inflation which is low in Slovakia. In case this scheme remains unchanged, the pensions would increase by only €1.4 in 2017.
The new valorisation scheme still has to be approved by parliament.
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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