Retirement pensions in Belarus to increase, following Presidential decree

As envisaged by decree No. 250 of the President of Belarus, Aleksandr Lukashenko, retirement pensions in the country will increase by 10 percent from August 1^st, 2022 – as reported by the Belarusian leader’s press service

In August, Br1.4bn will be allocated for pension payments, of which Br122m will be additional costs due to the increase in line with decree No. 250. There are 2.3m retirement pension recipients in the country.

This will be the second increase in pensions this year: in March, pensions rose by 7 percent.