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Pensioners and court employees to receive the first pay hikes in

by PL <pl.nospam@[EMAIL PROTECTED] > Apr 29, 2008 at 04:56 PM

Pensioners and court employees to receive the first pay hikes in three
years
Ray Sanchez | Direct from Havana
7:35 AM EDT, April 28, 2008

Havana

Cuba's new government on Sunday announced raises for pensioners and 
court employees, the first pay hikes in three years.

Beginning next month, more than 2.1 million retirees will receive 
pension increases of about $2 a month, raising minimum monthly pensions 
to about $9.50, the government said in a statement published in the 
state-run press. Some retirees will see their monthly benefits increase 
to about $19.

Additionally, more than 9,000 court employees will receive raises of 
about $10 a month, with judges and prosecutors getting monthly raises of 
roughly $18, the statement said.

The announcement, made days before International Workers Day on May 1, 
promised additional pay hikes with better economic times.

"It is not possible to increase salaries to all labor sectors, given 
that the country does not have the necessary resources," the statement 
said. "Increases will be granted by sector and priority, always after a 
rigorous evaluation of economic and financial conditions."

State wages are mainly paid in pesos, even though that state sells many 
goods and services in hard currency pegged to the U.S. dollar, the 
convertible peso, which is worth 24 times more than the peso.

About 90 percent of the communist island's economy is controlled by the 
state, which employs the majority of the country's 11 million 
inhabitants and provides all pensions.

Raul Castro, who officially took over the Cuban presidency last February 
from his ailing brother Fidel, has said that state salaries are barely 
enough to live on. Most Cubans live rent-free and the state provides 
free education, health care and rations cards for some food.

http://www.sun-sentinel.com/news/local/cuba/sfl-0428havanadaily,0,4749910.column
 




 1 Posts in Topic:
Pensioners and court employees to receive the first pay hikes in
PL <pl.nospam@[EMAIL P  2008-04-29 16:56:02 

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