Higher pensions in Belarus from 1 August
Belarus President Aleksandr Lukashenko has signed the Decree “On raising pensions”.
will be recalculated and increased by an average of 6.6% on 1 August
2019. The increase will be financed by the state non-budgetary fund of
social protection of the population. On average the pensions will
increase from Br405.05 in July to Br431.8 in August. The old-age
pension will average Br446.1
expenditures of the fund will constitute Br66.2 million per month
(Br331 million by the end of 2019). All in all, Br12.544 billion will be
earmarked om pensions in 2019.