Pensioners to get one-off CZK 600 allowance in December

Finance Minister Andrej Babiš says all old age pensioners in the Czech Republic will this year receive a one-off allowance of CZK 600 (just over EUR 20). Announcing the move on Wednesday, he said all three coalition party leaders had agreed on it earlier in the week. Pensioners will receive the money in December. Mr. Babiš said that from next year pensions would be index-linked under a new law and would rise in line with inflation.

Author: Ian Willoughby