The triple lock is a UK government mandate to increase the basic and new state pension each year. However, the triple lock requires pensions to increase by whichever amount is highest: average earnings growth, CPI inflation, or 2.5%. That means that pensions are increasing at a faster pace, as they are constantly searching out the…
The budgetary impact of the pension increase: 25 billion lei in 2024 and 33 billion lei in 2025 Nicolae Ciucă claims that an important part of this impact could be covered from the 45 billion lei that would result from combating VAT evasion
In a 21-0 vote, the Senate passed on final reading a bill seeking to increase by 350 to 488 percent the disability pension of veterans and their beneficiaries.
benefits up 10%? i mean the bill, it s just the eyeball for me. and right now inflation is 6.3%. and next year, when the benefits are up, the benefit increase and the pension increase will reflect the inflation that we ve experienced this year. so pensions and benefits will eventually get there, it s just too late to help people with their bills now. so what we re saying, bring some of the forward, some of that increase, that will happen next year, so people are actually getting the money in their purses and wallets where they most need it when bills are going up 54%. i have constituency who say they don t have money for the heating, and they can t afford it. and many are saying i m skilling it, because the most important thing to me is my kids eat properly. people shouldn t have to make the impossible decisions because of a failure of the chancellor to act yesterday. more and more people will be making those decisions. one of the things that he did announce yesterday was the