The reality about will increase in pensions and allowances for retirees in Algeria in 2024

A couple of days in the past, rumors have been circulating about a rise in pensions and allowances for retirees for the present 12 months 2024. These rumors circulated on social networks, together with some YouTube channels.After speaking with the related authorities, notably the Nationwide Pension Fund. The officers of this group denied the information that was made. Improve allowances to retirees.

A platform for valuing retirees’ allowances and pensions

Some information circulating reported that the rise in retirees’ pensions would happen earlier than the subsequent month of Ramadan, whereas some unofficial YouTube channels reported that the rise in pensioners’ allowances would happen in two phases, the primary earlier than subsequent March and the second in Might 2024. Different rumors talked about the setting of variable percentages for the rise in retirees’ pensions, with out mentioning the official sources of knowledge circulating.

Formally, the Director Normal of the Nationwide Pension Fund, Jaafar Abdali, confirmed in earlier statements to the media in December 2023, that pension will increase for retirees will happen on Might 1, 2024, indicating that the regulation grants the proper to reassess retirement. scholarships every year, offered that they happen firstly of Might every year.

It ought to be famous that the Algerian Council of Ministers determined final 12 months to evaluate pensions and allowances for retirees, beginning Might 1, 2023, at charges between 3 and 5 %, this determination being carried out at throughout the next June. , and the will increase have been as follows: 5% for these whose pension is lower than or equal to twenty thousand Algerian dinars, 4% for retirees whose pension is larger than 20 thousand Algerian dinars and fewer than or equal to 50 thousand Algerian dinars , and eventually 3% for these whose pension exceeds 50 thousand Algerian dinars.