Pensioners Can Be Hired Thanks to New Governmental Program

TBILISI – Georgian Prime Minister Giorgi Kvirikashvili announced a new program that will provide tax benefits to all the companies that employ pensioners.

“This does not imply the removal of pensions or social benefits. This is an opportunity for many experienced people to earn an extra income and share their experiences with younger workers,” said Kvirikashvili.

The Ministry of Health and Social Affairs and the Ministry of Finance will both be involved in developing the program, Kvirikashvili said.

As of July 1, Georgia’s retired population receives an average monthly pension of USD 77 (180 GEL). The government has pledged to add USD 38.3 million (90 million GEL) to the National Pension Fund in order to cope with the rising number citizens who are eligible for retirement benefits.

Georgian pensions are available for women over 60 and for men over the age of 65.

By Eka Karsaulidze
Edited by Nicholas Waller

Photo: Elizabeth Kelly