Romanian govt to hike pensions by 12.5% from January -ruling coalition
Romania’s ruling coalition will hike state pensions by 12.5% from January and make cash payments to low-income pensioners throughout the year to help the country’s most vulnerable cope with surging inflation, party leaders said late on Monday.
The cash payments will vary in size for pensions under 3,000 lei ($622.55) per month, the leaders of the three governing coalition parties agreed.
In addition, pensioners with under 1700 lei per month will receive social vouchers worth 250 lei every two months, a measure first approved this year.
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