The National Social Insurance Authority will start, as of January 1, 2023, to raise the minimum insurance contribution wage to 1,700 pounds instead of 1,400 pounds, and the maximum insurance subscription wage will be raised to 10,900 pounds instead of 9,400 pounds..
Increasing the value of pensions
Raising the minimum insurance contribution wage to 1,700 pounds instead of 1,400 currently, and raising the maximum insurance subscription wage to 10,900 pounds instead of 9,400 currently.
The direct impact of the decision:
Increasing the minimum pension to 1105 pounds.
Increase the maximum pension to 8,720 pounds.
Raising the minimum and maximum levels for the insurance contribution in implementation of the provisions of the new insurance law.
There is no conflict between the minimum wage for the insurance contribution and setting a minimum wage of 3000 pounds.