Sodra social insurance budget envisages raising pensions by EUR 20 from January

SoDra

The pension raise from January 1 will require about 167.4 million euros. The earlier plan was to increase them by 15 euros to 281.19 euros, which would have required approximately 116 million euros.

Sodra’s planned revenue should stand at 3.739 billion euros next year, which is 9 percent (EUR 309.7 mln) more than expected this year, while the spending should be 3.708 billion euros, up by 6.2 percent (EUR 217.8 mln) above this year’s spending. After ten years, the fund’s budget should be a surplus, with planned revenue 31.546 million euros above the spending.

The revised Sodra budget draft should be discussed by the new government later on Wednesday.

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