The Government approves to raise pensions 1.6% and minimum 3% in 2019 – The Province

The Government approves to raise pensions 1.6% and minimum 3% in 2019 - The Province


TheMinister councilhas approved on Friday a Royal Decree Law toincrease pensions by 1.6%Y3% minimum and non-contributoryfor the next year, as established in the budget agreement reached between the Government and United Podemos.

This is what the President of the Government has indicated,Pedro Sánchez, in the last press conference after the Council of Ministers of the year, where it has also made it clear that the increase of 1.6% will be six tenths above the forecasts of the CPI for 2019.

"There will be gain of purchasing power against years of constant decline by the previous system of calculation," he added the president, after stating that pensions "they are a right of citizenshipand not a commodity to do business with. "

Increase the minimum and non-contributorywill cost 384 million euros, while the rise of the rest of the pensions according to the CPI forecast for the year will be allocated 704 million euros.

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