Published on: 9.3.2010 | 11:29
Last update on: 9.3.2010 | 11:31
Last update on: 9.3.2010 | 11:31
BUDGET
Privileged pensions to be cut 10-15%?
Author/source: SEEbizZAGREB - After reducing agricultural subventions, the government plans to cut privileged pensions to constrain budget spending, Večernji list writes.
Citing anonymous sources, all privileged pensions will be lowered by 10-15%, which would save around HRK 1bn.
"Pensions need to be lowered, but as a linear reduction is not possible, this leaves privileged ones. If HRK 1bn is saved, this would be a lot as around HRK 7bn are set apart for privileged pensions", a source close to the government says.
This will be discussed in next few days, Večernji list adds, first within the ruling coalition and afterwards with social partners.
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