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Prices weigh more heavily on pensioners, INSTAT: They have higher than average inflation
Written by SOT.COM.AL 27 Shtator 2023
Pensioners suffer the increase in prices more than the rest of the population, as their monthly budget is more focused on buying food, which has become more expensive, than on other goods and services such as education and entertainment, etc. .
The family budget survey shows that 41.3 percent of the total monthly expenses went to food in 2021, while for the retired, the weight of food is 59 percent of the monthly expenses.
Sipas matjeve të INSTAT, gjatë periudhës qershor 2022- qershor 2023 treguesi zyrtar i inflacionit në vendin tonë ishte 6.9 për qind, ndërsa inflacioni i pensionistëve ishte 8.6 për qind, ose 1.7 pikë për qind më i lartë se treguesi mesatar.
Në bazë të një vendimi qeverie të vitit 2017 INSTAT mat inflacionin e pensionistëve për 12 gupe kryesore të shpenzimeve mujore, të cilat kanë pesha të ndryshme në raport me inflacionin mesatar që matet në rang vendi.
Inflacioni i pensionistëve u sugjerua nga Instituti i Sigurimeve Shoqërore, pasi struktura e shpenzimeve të shportës në moshat mbi 65 vjeç është e ndryshme në raport me popullsinë e përgjithshme.
Në shportën e pensionistëve shpenzimet për shërbimet arsimore janë zero, ndërsa për popullatën e përgjithshme janë 3 për qind.
What is happening today with foreign currencies? This is how much the dollar and euro are being bought and sold
Entertainment and culture account for 1 percent of pensioners' monthly expenses, while that of the average population is 2.8 percent.
INSTAT originally submitted pensioner inflation every February for the previous year in order to index pensions, but with recent events from the Covid-19 crisis and the war in Ukraine, INSTAT has a monthly pensioner inflation indicator.
This practice serves to index pensions more than twice a year if large price increases occur.
Pension income for the third age is very low in our country. Official data from public pension schemes show that the average pension in Albania is 39% lower than in the Region this year.
So Albania does not guarantee a minimum income for the population. The legislation does not specify a reference point and this makes it difficult to address income gaps in certain categories of the population. A 2021 study commissioned by the Ombudsman recommended that Albania should provide a legal definition of the minimum standard of living and social shaping.
The People's Advocate calculated the vital minimum of 18,500 ALL per month for 2022. All payments below this level, including pensions, must be covered by the government through the economic assistance fund.
As a large part of pensioners do not meet the legal conditions for full pension payments as most have worked informally and have not paid contributions, the government can compensate from the economic assistance scheme those who receive a pension below the subsistence minimum.
From October 1, 2023, pensions throughout the country will increase by 8.6 percent based on the index of the basket of pensioners./Monitor
