Pensions will be frozen next year. «

Pensions will be frozen next year.

Pensions will be frozen next year. Minimum increase of money for older people is
scheduled only for 2013 then pensions will be increased by 2-3%. This provides estimates for 2012 –
2014, which was approved by the Cabinet. Provided money for pensions in 2012 were 7.097 billion
Financiers recall that this year the cabinet scored 7.049 billion to go for the elderly. This
means that money for the lifting of pensions now are not provided. Last year, the amounts of old age also
were placed in the freezer.

Source: Standard