MINSK, 24 July (BelTA) – Retirement pensions in Belarus will be increased on 1 August. Belarusian President Alexander Lukashenko signed the corresponding Decree No.366 "On increasing the pensions" on 24 July, BelTA learned from the press service of the head of state.

"The decree stipulates that starting 1 August 2014 the retirement pensions will be indexed,” informed the press service.

As a result, on 1 August 2014 retirement pensions in Belarus will go up by 7.3% on average.