Trade Union Confederation Seeks 10% Increase in Pensions in 2013
Thursday, 01 January 1970
The Confederation of Independent Trade Unions in Bulgaria (CITUB) will press for a 10% increase in pensions in the beginning of next year and a hike of the bottom wage to 330 levs ($221/169 euro).
The suggested increase reflects accumulated inflation in the last three years which amounts to 9.7%, local news agency Darik News reported.
CITUB will propose the introduction of a tax on financial transactions to provide the additional revenue needed to fund the increase. According to CITUB estimates, it could augment the 2013 budget by 200 million levs.