Tax, Benefits & Cost of Living
Pension funds to raise benefits by up to 0.82% next year
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Pension funds for retirees in the care, construction and metal sectors, which switched to the new pension system this year, announced that benefits will increase by between 0.75% and 0.82% next year. The funds said they would not be able to raise benefits enough to keep pace with inflation, estimating that they could cover about half of it. They said this did not amount to a financial shortfall in the new system.