MOLISA proposes 12.5 percent increase in pension and allowance
The Ministry of Labor, Invalids and Social Affairs (MOLISA) has suggested the Government increase pensions and social insurance benefits, and monthly allowances.
In its draft decree submitted to the Government, the ministry suggested a 15.5 percent increase in pensions, social insurance benefits, and monthly, starting from July 1, 2023. It suggests a 20.8 percent increase in pensions and social insurance benefits and monthly allowances for those who retired after the latest wage increase from January 1, 2022.
