On 18 March Belarus President Alexander Lukashenko signed Decree No. 136 "On Measures to Improve the System of Pension Benefits".
In line with the document, if a person continues working without an old-age pension after he or she reaches the pension age, the pension will be raised:
by 6% of the salary used to calculate pension benefits for the first year;
by 14% for two years;
by 24% for three years;
by 36% for four years; for the fifth and each following year the percentage points will be increased by 14%. |