The Board of Directors of the Pension and Disability Insurance Fund (PIO) held a meeting on Tuesday where they approved a series of decisions regarding pension adjustments.

Among the decisions made, the Pension and Disability Insurance Fund has decided to increase pensions by one personal point, as well as pensions and cash benefits, starting January 1st of this year.

A new Decision was also approved to standardize the bases for determining financial compensation for physical injuries, effective from January 1st.

“According to these decisions, pensions and cash benefits will see a 1 percent adjustment starting January 6.85 of this year,” stated the Pension and Disability Insurance Fund.

The newly adopted measures will affect the pension payments for January and will be realized in February.

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