Minister: Pensions to increase for all in January

Old-age, disability and widows’ and widowers’ pensions will increase by CZK 360 a month for all recipients from January, the minister of labour and social affairs, Marian Jurečka, said after the cabinet approved a regular indexation on Wednesday.

According to data from his ministry, the average old-age pension should be above CZK 20,600 a month in January. Mr. Jurečka said last week that the increase would increase pensions spending by CZK 12.3 billion next year.