Amendments To The Cabinet Of Ministers On July 16, 2002 Regulations No 304 "national Pension, Remuneration For The Loss Of Functional Capacity And Rewards For Survivors About The Review Procedure"
Original Language Title: Grozījumi Ministru kabineta 2002.gada 16.jūlija noteikumos Nr.304 "Valsts pensiju, atlīdzības par darbspēju zaudējumu un atlīdzības par apgādnieka zaudējumu apmēra pārskatīšanas kārtība"
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Cabinet of Ministers Regulations No. 560, Riga, June 29, 2004 (pr. No 39, § 14) amendments to the Cabinet of Ministers on July 16, 2002 regulations No 304 "national pension, remuneration for the loss of functional capacity and rewards for survivors the amount of review procedure" Issued in accordance with the law "on State pensions" and article 26 of the law "on compulsory social insurance against accidents at work and occupational diseases ' article 8 do Cabinet on July 16, 2002 regulations No 304" national pension, remuneration for the loss of functional capacity and rewards for survivors the amount of review procedure "(Latvian journal , 2002, 107 no). the following amendments: 1. Replace paragraph 2, the words "five percent" with the words "three percent".
2. Make the following point 8: "8. the revision of the applicable pension index, which is calculated, taking into account both the consumer price index and real wage insurance growth index, the overall index is calculated using the following formula: I = PCIn + [(At/PCI-1) x (D)] where (I) the revision of the applicable pension-index (expressed as the growth rate to four decimal places);
PCIn, the consumer price index this provision in paragraph 4, 5.1 or 5.2. in point n period (expressed as the growth rate to four decimal places);
At: the previous year's insurance contributions wage index (expressed as the growth rate to four decimal places);
PCI: the previous year's consumer price index for the index At the appropriate period (expressed as the growth rate to four decimal places);
D-share, expressed as a percentage, which shall apply to the insurance contributions wage increase in real interest calculation: 1) until 31 December 2005: not less than 50% (the national pension, which is more than triple the State social security benefits);
2) from 1 January 2006 to 31 December 2010: not less than 25% (State pension, an amount not exceeding five-fold State social security benefit). "
3. Replace paragraph 11, the word "branch" with the word "chapter".
4. Delete paragraph 12, the words in brackets "(if the previous year's inflation rate of five percent)".
Prime Minister, Deputy Prime Minister a. Minister shlesers prosperity d. Staķ is the Editorial Note: rules shall enter into force on July 2, 2004.
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