Pensioners will get 4.4% higher pensions at the end of the month in line with regular annual adjustment with wages and consumer prices.
Back rise for January will be paid out as well. The adjustment will cost the Pension and Disability Insurance Institute (ZPIZ) EUR 268 million at the annual level, said ZPIZ official Andraž Rangus after the council endorsed the rise. Pensions already went up by 1% to 3.5% in January to make up for the lag resulting from the pension freeze during austerity years.
By: J.S.,STA
