MINSK, 24 October (BelTA) – Starting from 1 November, retirement pensions in Belarus will rise by 5.3% on the average. It was formalized by Decree No. 419 signed by Belarus President Alexander Lukashenko on 23 October, BelTA learned from the press service of the Belarusian leader.
In line with the decree, retirement pensions will be recalculated starting from 1 November 2018 following the increase in the average salary in the country. The actual earnings of pensioners will be recalculated based on the average salary in Belarus.