FTimes - STT Report, Oct. 23
The opposition parties are bent on opposing index cuts to the end.
The cuts in national and employment pension indices were subject to a second reading in parliament on Wednesday and the matter will proceed to a vote.
According to the opposition, the cuts in indices will reduce basic unemployment allowance by 4.73 euros, national pension by 4.28 euros and guarantee pension by 5.02 euros.
The opposition has raised objection to the index cuts, demands adequate level of basic social security from the government and proposes an increase in guaranteed pension.
The government has proposed increasing national and employment pension indices by 0.4 per cent next year. Without the index cuts, the increase would have been 1.1 per cent.
