Algiers, Algeria – The Algerian Council of Ministers, in a meeting held Sunday under the chairmanship of President Abdelmadjid Tebboune, approved a series of increases to pensions and retirement benefits. This decision aims to improve the purchasing power of retirees and support them in the face of current living conditions.
The increases, ranging between 5 and 10 percent, were confirmed in an official statement released following the meeting. The statement outlined that the pension adjustments were approved following a detailed presentation on the status of retirement pensions and benefits.
DZWatch understands that the exact percentage increase will depend on the individual pension amount. Details on the implementation and disbursement of the increased payments are expected to be released in the coming days.
The statement emphasized that these increases are part of the state’s broader social policy, which has previously included improvements to the guaranteed minimum wage. The government views these measures as crucial steps to safeguard the wellbeing of Algerian citizens, particularly those who have contributed to the nation’s development throughout their working lives.
This move is expected to be welcomed by Algeria’s retiree population, many of whom have faced increasing financial pressures due to rising living costs. The government hopes these adjustments will provide much-needed relief and improve their overall quality of life.
DZWatch will continue to monitor this developing story and provide updates as more information becomes available.
