Czech lower house again approves government bill to raise pensions

The Chamber of Deputies, the lower house of the Czech parliament, approved again a government-initiated amendment to raise pensions as of 2019 on Wednesday. Deputies rejected the Senate's draft, proposing another method of raising pensions. Under the bill, mainly people with low pensions will see a considerable rise, while pensions of the others will increase at a slower pace than to date. The pension amendment raises the fixed pension base by 320 crowns (EUR 12.40) a month. Together with its regular indexation, the average monthly pension would rise by 918 crowns. In addition, pensioners over 85 would see their pension increase by 1,000 crowns.