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Government To Increase Pensions In 2005

Government To Increase Pensions In 2005

10 March 2008

According to the PM Yulia Timoshenko, the government plans to raise the minimum pension from USD 55.7 to USD 62.6 a month and the average pension to USD 72.3 per month, a 23.5% increase. The government claims to enable this increase of pensions through an outpacing growth in salaries, in particular in budget sector by 56.8% to USD 133.6.

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