Moldovan government approves valuation coefficients of insured income, cumulative indexation coefficients of pensions

13:35 | 29.03.2023 Category: Official

Chisinau, March 29 /MOLDPRES/- Government approved today the valuation coefficients of insured income for 1999-2022 and the cumulative indexation coefficients of pensions for 1999-2023, the government's communication and protocol department has reported.

The valuation coefficients of the insured income for 1999-2022 were increased according to the value of the average monthly salary in 2022 which, compared to 2021, increased by 15.5%.

The update of the cumulative indexation coefficients of pensions for the years 1999-2023 is necessary in the context of the annual indexation of pensions.

The insured income valuation coefficients are used to determine the average insured monthly income, which is applied to the calculation of pensions and their recalculation.

Photo: Government

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