BY: Hana Saada
ALGIERS- “The annual revaluation of allowances and retirement pensions will be applied with a rate oscillating between 3 and 5%, with a financial impact of nearly 52 billion DA per year,” indicated the Director General of the National Pensions Fund (CNR), Djaafar Abdelli, who supervised, this Wednesday in Algiers, the work of a meeting to assess the achievements of the Fund in 2022 at the local and central levels, reported the APS agency.
The official welcomed the decision of the last meeting of the Council of Ministers, of April 30, 2023, relating to the annual revaluation of allowances and retirement pensions with a rate ranging from 3 to 5%, i.e. an annual financial impact of nearly 52 billion DA, said Mr. Abdelli.
Stating that the payment of revalued pensions would take place as of June, with retroactive effect from May 2023, he added that the operation will concern more than 3,400,000 beneficiaries.
These decisions, continued Mr. Abdelli, “once again reaffirm the maintenance of the social character of the State enshrined in the 2020 Constitution, aimed at improving the standard of living of citizens in general and retirees in particular”.
To better support this category, the CNR is working to “fulfill its missions through the development of management mechanisms with a view to raising the level of services.”
Thus, the CEO of CNR highlighted the importance of developing management methods with “flexible and effective” means to better take care of pensioners and dependents (right-holders), particularly with regard to the purification of files for the reduction of processing times, “while meeting the needs of this category within the framework of the improvement of the public service.”
The CNR has adopted “a new strategy for renewing documents” through the implementation of “a series of applications and digital solutions, including the electronic application, which allows retirees to benefit from services remotely to avoid trips, especially the elderly and the sick.”