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Rama: Beginning from October 1 pensions for over 767 thousand retired people get increased by 8.6%

TIRANA, September 29 /ATA/ Beginning from October 1, more than 767,000 pensioners will benefit 8.6% increase in their pension.

Prime Minister Edi Rama spoke about the decision taken yesterday at the government meeting.

The decision is the indexation of all categories of pensions, (old age pensions, full pensions, partial pensions, reduced pensions, disability pensions and so on.)

During the period October – December 2023, the financial effect in the state budget of this decision is calculated at about 3.1 billion ALL, while for 2024 it will be 12.1 billion ALL.

This pension increase covers the entire price change for the period August 2022 – August 2023, measured by INSTAT in a dedicated way for the category of pensioners (the Consumer Price Index for pensioners is different from the population index, as it takes into account the changes of prices of goods and services consumed by pensioners).

The Institute of Social Insurances will guarantee through the cooperation with the Albanian Post sh.a. and commercial banks the full implementation of this decision for all beneficiary individuals.

/m.m/p.s./

 

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