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IU Totana: "The Government Budgets consolidate the loss of purchasing power of pensioners with a meager increase of 0.25 percent" (02/10/2013)

Totana UI already anticipated that the new system of pension increase would entail a substantial reduction for pensioners economy: The Government has chosen to apply the lowest possible rise in the new system, to 0.25 percent.

In practice ALMOST FROZEN GOVERNMENT PENSIONS.

The State Budget that the Government presented to Parliament for the year 1914, to raise an anticipated rise in the Consumer Price Index of 1.5 percent, the loss of capacity to consume is 1.25 pensioners percent.

But when you consider that the average inflation of recent years is 3 percent, the actual loss of purchase for the year may be much higher.

Added to this is the reduction in the provision for non-contributory pensions, suffering a decline of 11.7 percent.

In short the government HAS APPLIED A GREAT CUT, a snip OF CONSIDERATION TO CHAPTER OF PENSIONS IN THE STATE BUDGET.

Izquierda Unida will carry out an awareness campaign on the government's budgetary policy regarding pensions.

In this regard, it has provided a public event on the FREEZING OF PENSIONS which is scheduled for next Friday, October 11th, we hope that can be done at the Municipal Center on Aging, for which it will move Totana the Member of Parliament for Izquierda Unida, RICARDO SIXTO.

Source: IU Totana

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