Earnings to rise in Luxembourg from January 1, 2017


The next indexation of salaries and pensions is expected from January 1, 2017, Luxembourg’s Economy Minister announced on Thursday.

Indexation is a mechanism which enables earnings in Luxembourg to keep in line with inflation. Each time it is triggered, wages and pensions rise by 2.5%.

The last time earnings were indexed was in October 2013. The next long-awaited indexation has been shelved several times this year.

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