The Council of Ministers has increased the retirement pensions of 606.000 citizens with 2%, while the inflation is calculated at about 1.6%.
The Minister of Social Welfare declared that their goal is to reflect the pension growth each year.
“606,000 citizens will benefit from the pension increase. There will be constantly an increase of the existing pensions”, Veliaj declared.
The new pension scheme will enter in effect by January 2015, through which the more you pay in contributions, the most you receive back in retirement.
“By January 1st, new pensions will depend on the contribution and the number of years. This means that we will have higher pensions for those who contribute more. 5000 citizens who would receive nothing in the current conditions, will receive a pension in the next year”, Veliaj declared.
The Minister of Social Welfare declared that this reform will be discussed soon in Parliament.
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