Labor Ministry proposed new pension increase system

The Labor and Social Affairs Ministry has put forward a proposal to change the system of increasing pensions. According to the proposal, pensions should be raised based on the growth of household expenses for pensioners, which the ministry hopes will prevent the drop in the real value of pensions. Jiri Rusnok’s government has raised the pensions by an average of 45 crowns, which will come into effect in January. The Labor Minister has proposed to raise pensions again in July. The Finance Minister is against the proposal for a new calculation system.

Author: Masha Volynsky