Pensions to be indexed by 13.94% from 1 April

15:26 | 17.03.2022 Category: Social

Chisinau, March 17 / MOLDPRES /- From 1 April, the pension index will be calculated on the basis of the inflation rate at the end of the year and will be 13.94%. The draft amendment to the Law on the public pension system was approved today by the final reading deputies.

According to the document, in the case of indexation in April, the indexation coefficient could be applied only to the part of the pension that does not exceed the average salary in the economy forecast for 2022. For the current year it is 9900 lei.

The implementation of the partial indexation for pensions higher than the average salary per economy will release funds from the State Social Insurance Budget amounting to 72 million lei, in 2022.

According to official data, only 1.3% of all pensions are higher than the average salary in the economy for the current year: out of the 665 thousand pensions, in payment, 9190 exceed this ceiling.

Any material published on the website of the Public Institution ’’A.I.S. Moldpres’’ (Moldpres News Agency) is intellectual peoperty of the Agency, protected by the copyright. The taking over or/and use of these materials will be made only with the Agency’s agreement and with compulsory reference to source.