Bolivian Govt Approves Pension Hike

La Paz, Mar 17 (Prensa Latina) The Bolivian Government approved a Supreme Decree establishing a pension hike to benefit all the country”s 125,366 retired people, Minister of Economy and Finances Luis Arce announced on Wednesday.

  Arce said the decision was adopted after reaching an understanding with leaders of Bolivia’s Retiree Confederation and in compliance with established regulations, the Bolivian News Agency reported (ABI).

Pensions will be increased by 8-9 percent on average, according to 153 existing scales, giving priority to those with lower pensions, said the minister.

Source: Prensa Latina


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: