Labour pensions increase by around 5% from May 1st in Belarus

The President of Belarus, Aleksandr Lukashenko, signed decree No. 107 On Increasing Pensions on April 17^th, the Belarusian leader’s press service reports

The document envisages recalculation of labour pensions from May 1st, as a result of which they will grow by an average of 5 percent. Br1.5bn will be allocated for the payment of pensions in May, of which Br78m will be additional expenses due to the increase stipulated by the decree. There are 2.3m people who are paid labour pensions in the country.