State to compensate rising pension delivery costs

The Welfare Ministry has identified funds to compensate pension delivery costs, which are set to rise two-fold starting 2020 and increase further in 2021, said MP and Welfare Minister Ramona Petraviča (KPV LV).

"There are 70,000 pensioners [who have their pension delivered at home], and the associated costs are about €2 million. This funding request is included in the priorities of next year's budget," said Petraviča.

Earlier Latvia's postal service said that the cost of getting pensions and benefits delivered to one's home will become more expensive starting next year.

The postal service said pension, benefit and reward deliveries to home would cost €4.88 per visit from 2020 and €5.28 from 2021 as opposed to the current €2.39. 

Latvijas Pasts head Mārcis Vilcāns earlier said that decreasing demand, safety investments, rising wages and an expected excise tax increase would all contribute to increased costs associated with money being delivered to home.

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