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Can The Government Decrease The Rate Of Pension Due To High Inflation?
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[QUOTE="Alexandoy, post: 201015, member: 25510"] Our pension here by the government has suffered a failed promise. About 5 years ago there was the promise to increase the monthly pension by 1,000 pesos (that is $20) which is fair as to my estimate. The increase were to be implemented after 2 years and another increase after 4 years. But now it's been 5 years but the promised increase did not arrive. In fairness to our government I don't think the decrease in the pension will happen because the pensioners will definitely go on a protest march. The government pension here is very minimal and decreasing it is like insulting the pensioners. Until now I am still hoping that the promised increase in pension will be given to us soon. The reason of the government for the postponement of the increase is the pandemic. [/QUOTE]
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Can The Government Decrease The Rate Of Pension Due To High Inflation?
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