Kazakhstan to Continue Annual Pension Indexation Based on Inflation, Assures Official

Kazakhstan's pension payments will continue to be indexed annually to the official inflation rate, confirmed Vice Prime Minister Serik Zhumangarin. He stated that pensions are raised in accordance with inflation levels, and there are no plans for changes. The base for indexation is the inflation rate; if it's higher, the indexation will be higher.

Read the full article at Kursiv →

Headline and summary written by daryo. The full report belongs to Kursiv.