Spectator on facebook

Spectator on facebook

Pensions to rise by 1.8 percent as of January

State pensions will rise by 1.8 percent from January, state social insurance provider Sociálna Poisťovňa (SP) announced on January 5, the TASR newswire reported.

State pensions will rise by 1.8 percent from January, state social insurance provider Sociálna Poisťovňa (SP) announced on January 5, the TASR newswire reported.

The increase applies to all types of pensions: old-age, early retirement, invalid, widows' and widowers', orphans' and social benefits.

Pensions are currently increased (valorised) on the basis of inflation and average monthly salary growth, but Labour Minister Jozef Mihál wants to introduce a different method of increasing pensions. The amendment to the Social Insurance Act that he recently proposed included a rule that would mean pensions reflect changes in inflation, but would mean increases are applied across-the-board (rather than a percentage). So far, however, the amendment has not been passed.

Source: TASR

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

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.