Spectator on facebook

Spectator on facebook

Old-age pensions up 4 percent

Old-age pensions will rise 4 percent as of February 1. Deputies decided on this rise when they approved the old-age pension saving law vetoed by President Rudolf Schuster last year, news wire SITA reported.

President Schuster is convinced that a 4-percent growth in old-age pensions is insufficient and demanded that the pensions be valorized by 6 or 8 percent.

Pensions should go up twice this year. As of December 1, old-age pensions should grow by a rate representing the difference between the average inflation and wage growth and the 4-percent pension valorization from February.

A law on social aid, which changes conditions for receiving aid and the amount of some compensatory contributions for citizens with serious health handicaps, was also adopted.

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

Top stories

Camping in a tree? Try it in Bratislava

A creaking wooden floor and the wind swaying the branches of trees around you. Have you ever wondered how it would feel to spend a night in a tree house?

The tree-house at Kačín

Wizz Air: Luggage changes have to wait until we train our staff

Clients of the Wizz Air airline will no longer have to pay for bigger hand luggage with a new service to be launched in late October.

Auto sector could learn from Austria

New fields are an opportunity

Hold onto your hats - heavy storms in Slovakia continue

Summer storms cause property damage, destroy gardens and possibly the harvest