More than one million Cuban retirees increase pensions

One million 573 thousand 320 Cubans will enjoy from this Wednesday the announced partial increase in pensions. 88 percent of social security beneficiaries, as these days of the country have reported these days.

For weeks, bank branches, exchange houses (cadecas) and mail units, for the sake of success. Agility and better organization of a whole process that benefit pensioners by age and disability. As well as those who are due to death of a relative. That is, widows, orphans and fathers or mothers.

Although the measure, announced in mid -July before the Parliament by Manuel Marrero, prime minister of the Republic. In accordance with his publication in the Official Gazette would enter into force on the first day. Its implementation was advanced with the payment corresponding to September.

So in each territory, according to bank officials, these usual days of payment to pensioners and retirees. Organized by the ages group, will be given priority to that population segment.

The branches will accompany them and provide advice, in order that either by box or by ATM they receive the amount that corresponds to each one. Since the cash destined for this purpose is available.

From Resolution 14/2025, of the Ministry of Labor and Social Security, the pension for age and disability for retirees of the General Social Security regime and special regimes. With amounts of up to two thousand 472 pesos is increased by 1,528 pesos.

Those who receive between two thousand 473 and three thousand 999 pesos per month will see their pension adjusted until reaching four thousand pesos.

In the case of those granted due to death, the increase is calculated on the amount received by the deceased and is distributed among the beneficiaries in accordance with the provisions of Law No. 105, “Social Security”, of December 27, 2008.

Meanwhile, pensioners with more than one pension will receive the increase in the amount of the unified.

Thanks to the reduction of the fiscal deficit this year, approximately 25 billion pesos annually, about two billion per month, will be allocated to this measure of great social impact. Although partial and insufficient to cover basic needs, demonstrates the will of the state to benefit first of all to the most vulnerable population.

With information from Cuban News Agency

Radio Angulo
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