Podgorica, (MINA-BUSINESS) – MPs of the ruling majority rejected a proposal by the United Reform Action (URA) to include in the agenda of the parliamentary session initiatives to increase pensions for all pensioners by €40 and to compensate workers of state-owned companies that went bankrupt.

URA said that by doing so, ruling MPs confirmed that they are not interested in correcting the injustice done to pensioners, whose pensions were increased by only 0.38 percent, nor in addressing decades-long injustices toward workers.

The head of the URA parliamentary group Milos Konatar said today in that the proposal envisaged increasing pensions by €40 starting from 1 April, which would raise the minimum pension from €450 to EUR 490.

He said that the proposed amendments to the Law on Pension Insurance would not require additional spending, as the funds already exist in the budget, nor would they require new borrowing.

Konatar added that the proposal is a “blue flag”, as it means better living conditions for 130,000 pensioners. 

The proposal to increase pensions by €40 and the minimum pension from EUR 450 to EUR 490 envisages that the minimum pension would increase by nine percent, the average pension by 7.5 percent, and pensions above the average by about five percent. 

Pension adjustments would be carried out four times a year, every three months, instead of three times as is currently the case.