Spending on pensions in December rises by 4.92 percent to 9,317.93 million

Spending on pensions in December rises by 4.92 percent to 9,317.93 million



The monthly expenditure on contributory pensions of the Social Security has reached 9,317.93 million euros in December, which represents an interannual increase of 4.92%, according to data published today by the Ministry of Labor, Migration and Social Security.

In this month, the average retirement pension was 1,107.49 euros, which represents an increase of 3.41% compared to December 2017.

As for the average pension of the system, which includes retirement, permanent disability, widowhood, orphanage and in favor of family members, it stood at 960.98 euros per month, after an interannual increase of 3.68%.

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