How Often Are Pension Raises Scheduled?
As every year, retirees are once again receiving increases under the 2017 SGK pension raise framework. For 2017, raise rates are applied across the 4/a, 4/b and 4/c categories according to pre-established conditions. These increases are tied closely to the inflation rate projected for the period. If actual inflation exceeds the pre-set raise rate, retirees … Read more