TIRANA, Feb 20 /ATA/ – The Minister of Finance Petrit Malaj announced Thursday that a planned spring bonus for retirees in Albania is estimated to cost 6.3 billion lek.
Malaj said that the distribution of the spring bonus is set to begin on March 1 and that the initiative aims to support over 730 000 retired people across the country.
According to him, under the plan – funded through the Bank of Albania – pensioners receiving up to 20,000 lek will get a spring bonus of 10 000 lek, whereas those with pensions above 20 000 lek will receive a bonus of 5000 lek.
This is the second bonus due to be awarded to the retired people after the traditional year-end payment.
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