On September 1 retirement pensions to be 7.5% up

On August 31 President of Belarus Alexander Lukashenko signed decree #397 “On enhancing financial welfare of pensioners”. In accordance with the decree, beginning September 1, 2007 labour pensions will be recalculated on the basis of the Br 663,600 average wage. As a result the average retirement pension will go up by 7.5% to Br 315,300.

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