Pensions and allowances have grown in Belarus

02.05.2018

Pensions and allowances have grown in Belarus. This is due to the 3.6% increase in the subsistence minimum. This figure is revised once a quarter and provides for the growth of minimum labor and social pensions, additional payments to pensioners at 75 plus, supplements to pensions. The amount of benefits has also increased. Since May, labor pensions have increased by an average of 5.5%. The last time pensions were raised in November last year by an average of 5%. Now Belarus spends about 9% of GDP on pensions. There are over 2.5 million pensioners in the country.

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