Zapatero raises minimum pensions
6 September 2004, MADRID – Spanish prime minister Jose Luis Rodriguez Zapatero announced his government will raise minimum pensions by 6 percent next year, it was reported Monday.
6 September 2004
MADRID – Spanish prime minister Jose Luis Rodriguez Zapatero announced his government will raise minimum pensions by 6 percent next year, it was reported Monday.
The average pension will rise by three percent by the middle of 2005, in line with inflation.
But Zapatero said the minimum pension is to increase by between 6 and 6.5 percent by next year.
Those pensioners who receive the minimum pension but who have a partner could stand to receive up to eight percent more in the same period.
It is the biggest rise in pensions since 1987.
Three million people in Spain stand to benefit from the increases, announced Sunday by the prime minister at a rally for pensioners.
The cost to the Spanish state will be EUR 400 million, according to government sources.
Zapatero also said 200,000 more pensioners will receive help to get access to affordable housing.
As well as this, the number of state-sponsored scholarships will rise by 25,000.
Zapatero said this was part of the government's budget for social aid and to "look to the future".
[Copyright EFE with Expatica]
Subject: Spanish news