Gov't delays pension payment re-valuation until inflation picture clearer
The government has decided that there will be no money for pension
re-valuation this year and they will be increased in 2001. It will be
decided later how much they will change, as soon as the government finds
out what the difference between the real and planned 5.7% inflation is for
next year. Pension payments are supposed to be indexed to inflation. In
related news, the government has promised to undertake some needed
decisions to stop price increases. (Prawo i Gospodarka, page 1)