Spring bonus for pensioners: How will 62 million euros be distributed
- Korca Boom
- Feb 21
- 2 min read
Starting from March 1, pensioners in Albania will be able to receive a spring bonus, part of a new fund approved by the government. This bonus is a new annual reward, which will be added to the end-of-year bonus, providing financial assistance for 730,430 pensioners in the country.
According to the government’s announcement, 62 million euros have been allocated for pensioners this year, and this amount will be distributed in two levels, depending on the amount of pension they receive. Pensioners receiving a basic pension of 20,000 lek will receive a bonus of 10,000 lek, while others, with higher pensions, will receive a bonus of 5,000 lek. This bonus is part of the government’s commitment to improving the living conditions of pensioners and providing additional support for those in more difficult financial situations.
Prime Minister Edi Rama, during a live interaction with citizens on social media, announced that the spring bonus fund has been deposited in the Bank of Albania and distribution will begin on March 1. Rama emphasized that this bonus is not just a promise but a government commitment that will become a regular practice every year, alongside the end-of-year bonus, and will be an annual standard.
In a post on Twitter, Rama clarified that the total amount of this bonus is 62 million euros, which is a significant sum for the country’s budget. Pensioners receiving a pension of up to 200 euros will receive a bonus of 100 euros, while those with pensions above 200 euros will receive a bonus of 50 euros. This bonus will provide important support to pensioners living on lower pensions, who often need help covering living expenses.
Pensioners are the main beneficiaries of this bonus, as many of them live on limited incomes and often face difficulties in covering daily expenses. This bonus may help improve their living conditions and ease the effects of inflation and rising prices of essential goods.
In December of the previous year, pensioners also received a bonus, which was also divided into two levels, with 15,000 lek for those with lower pensions and 10,000 lek for those with higher pensions. This practice is a testament to the government’s commitment to supporting pensioners and improving their standard of living for those who have contributed to society for many years but now face financial challenges.
Prime Minister Rama also promised that, in his fourth term, the government will review not only pension amounts but also aspects of pension reform, ensuring further improvements for pensioners. This promise has created hope for those who rely on pensions to ensure a safer and more sustainable future.
In conclusion, this spring bonus is an important step in supporting pensioners and improving their living conditions for those who have reached retirement. It is an example of the government’s commitment to providing direct assistance to the most vulnerable segments of society and ensuring that they are not forgotten during times of economic crisis.
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