Pensions should rise, but by less than expected

Pensions are set to rise by around 5 percent in July, less than the 8.8 percent originally suggested by the Labour Ministry.

Slovak Democratic and Christian Union (SDKÚ) MP and member of the parliamentary committee for social affairs, Zuzana Martináková, said: "I still don't know how the figure [of 5 per cent] was reached, but as far as I know, it is the first suggestion and will be discussed by MPs, trade unions, and employers."

The suggested rise would mean only the second fall in pensions in real terms since 1995. The first fall was in the first year of PM Mikuláš Dzurinda's first term of office in 1998.

Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia to spend three Advent weekends with testing. President wants it to be voluntary

Seven candidates for the general prosecutor post approved. Acting general prosecutor steps down.

Installation of Christmas tree in Trnava

Who was behind the sale of one of the biggest banks in Slovakia

The largest law firms were involved in several innovative projects, too.

UK nationals in Slovakia advised to take action as end of transition period nears

UK Nationals should check the British Embassy's "Living in Guide" for the most up-to-date information.

Illustrative stock photo

Three rounds of testing should take place before Christmas

The first round will be nationwide and should take place in two weeks.