Pensions indexed by 5.3 per cent in Moldova as of 1 April 2019

Chisinau, 31 March /MOLDPRES/ - More than 690,000 persons will receive indexed pensions by 5.3 per cent starting from 1 April this year. This is after the government approved, by taking responsibility, the amendment of the formula of pensions’ indexation, the government’s communication and protocol department has reported.  

While so far, the pensions have been indexed depending on the increase in prices for the year before, according to the new formula, the pensions are indexed in line with the average of the increase in prices for the last three years. Thus, the sum of the indexation is almost twice larger than in accordance with the old formula.

„Just as we have promised, we are people of deeds; we prove responsibility and carry out deeds. Those who have spoken so far, will speak in continuation and those who have worked and made nice things, will work for the people in continuation as well,’’ Prime Minister Pavel Filip said.  

The government also helps elderly people who have a pension up to 2,000 lei and the beneficiaries of state social allocations. They will receive a one-off financial support worth 600 lei on Easter. In all, about 610,000 people will get this assistance on behalf of the state. Most of them, over 400,000, are beneficiaries of age limit pensions, while the others receive disability pensions, survivor pensions and state social allocations.  

The same categories of persons received 600 lei each on the occasion of the winter holidays too.