GOOD NEWS FOR SERBIAN CITIZENS: Salary increase arrives for 2.2 million people, new income for oldest acquaintances in dinars



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The January pension increases for retirees can already be calculated in dinars, and wage growth in the public sector was officially announced earlier this week. The elderly, medical workers, teachers, soldiers, public administration …

Meetings of relevant ministries and institutions have been held for some time on the subject of increasing salaries in the public sector. Accurate information should be known after the departure of the IMF in Serbia, whose mission arrives on October 5, and after that, an official announcement is expected on the exact growth of wages in the areas.

– At present, state institutions and relevant advisory bodies are conducting analyzes and, based on them, an evaluation will be made on the increase in salaries in the public sector. The first results on the possible growth of wages will be known in mid-October, and then on the increase by areas within the public sector – says our source from Nemanjina 11.

Representatives of the Fiscal Council met yesterday with the Minister of Finance, Siniša Mali, and speaking about income growth, the assessment is that pensions should grow according to the “Swiss formula” and salaries according to inflation.

Recall, in November 2019, salaries in the public sector increased by an average of eight to 15 percent. Nurses and technicians received the highest growth – 15 percent, while physicians and science and culture employees each received a 10 percent increase.

Education employees, judges, prosecutors, employees of courts and prosecutors, as well as workers of social protection institutions and members of the services and security forces received an increase of nine percent. Employees of the state administration received an eight percent raise.

Photo: Tanjug

The state again increased the wages of all healthcare workers in April this year, amid the corona virus pandemic, by 10 percent.

A year earlier, in early 2019, public sector employees received a salary increase from seven to 12 percent. Most of it went to nurses and dental technicians – 12 percent, representing an increase of about 4,000 dinars on average, while doctors and dentists received a 10 percent increase.

Employees of the police, army, education and social protection received an increase of nine percent, and employees of the Tax and Customs Administration of 8.5 percent. The state increased the salaries of other public sector employees by seven percent.

All public company employees also received a higher salary by five percent in 2019.

Pensions grow according to the “Swiss formula”

For 2021, increases have also been announced for pensioners, so January pensions will be higher by 5.9 percent, according to the Swiss formula.

After the increase, the average pension will increase from the current 27,769 dinars to 29,407 dinars, or 1,638 dinars.

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Practically, from 2021, instead of 10,000 dinars of pension, pensioners will receive about 600 more dinars, while those with higher incomes (more than 100,000) will have an increase of at least 6,300 dinars.

Pensioners with a monthly income of 35,000 dinars should expect an increase of about 2,100 dinars, and those with pensions of 50,000 dinars an increase of 3,000.

Pensions will grow next year according to the agreed model, the Swiss formula, which involves adjusting the incomes of our older citizens with 50 percent inflation and 50 percent growth in average wages.

Starting in 2022, the Government of Serbia announced a new model that would allow further growth. The objective, as they have announced repeatedly since Nemanjina 11, is for the average pension in 2025 to reach the level of 400 euros. In relation to the current amount, that would mean an increase of about 170 euros.

(Flash)

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