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

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