Algiers – The Algerian government is preparing to implement measures aimed at increasing pensions, reflecting the state’s commitment to improving the purchasing power of retirees and strengthening social benefits. President Abdelmadjid Tebboune issued strict instructions to the Ministry of Labor during the recent Council of Ministers meeting, tasking them with preparing practical proposals for raising both pensions and retirement allowances.
These directives followed a presentation of the government’s activities over the past two weeks. The President emphasized that the proposals must be financially sound and have a precise social impact. The Ministry of Finance will review the proposals before they are finalized during the next Council of Ministers meeting.
This initiative signals a clear direction towards enhancing the monthly income of pensioners, particularly in light of current economic conditions that require continuous adjustments to pensions to align with living standards. The move is part of a series of reforms within Algeria’s labor, employment, and social protection sectors.
During the meeting, President Tebboune stressed the importance of:
- Ensuring fair increases across all categories of retirees.
- Maintaining the financial stability of the pension fund.
- Considering the needs of low-income groups who rely on minimum retirement benefits.
These planned increases represent a significant step towards social justice and economic security for Algeria’s retirees. The government aims to create a more equitable system that adequately supports its aging population.
