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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)

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