Spectator on facebook

Spectator on facebook

Average monthly old-age pension in February was €335.50

The average monthly old-age pension in Slovakia amounted to €335.50 in late February and approximately 925,700 people received this kind of pension, the SITA newswire wrote. Early retirement pensions, received by 52,700 pensioners in February averaged €349.80.

The average monthly old-age pension in Slovakia amounted to €335.50 in late February and approximately 925,700 people received this kind of pension, the SITA newswire wrote. Early retirement pensions, received by 52,700 pensioners in February averaged €349.80.

The average disability pension paid by social insurance provider Sociálna Poisťovňa (SP) to persons with a disability level up to seventy percent was €174.60, while pensioners with disability levels above seventy percent received €303.70 on average. SP registered over 200,600 recipients of disability pensions at the end of February 2008.

Pensions in Slovakia were increased by 6.95 percent at the beginning of this year. They were raised in relationship with the y-o-y growth in consumer prices and the y-o-y growth in the average wage in the first half of 2008. Pensions are adjusted upward by an average calculated from these two parameters. The Slovak Statistics Office said that the y-o-y increase in consumer prices throughout the first half of last year was 4.2 percent and the y-o-y growth in the average wage in Slovakia was 9.7 percent.

An amendment to the social insurance law approved by parliament in late October last year introduced the January pension increases in connection with adoption of the euro. SITA

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

Top stories

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.

Fico: We are ready to discuss the 13th salary

The prime minister also presented reasons why Slovakia should be in the EU core.

PM Robert Fico

Meucci: Italy is not going through a catastrophe

Gabriele Meucci has been serving as the Italian Ambassador to Slovakia since January this year. He says that Slovakia is a haven for Italian investors but recently also for Italians coming here to work.

Italian Ambassador to Slovakia Gabriele Meucci