Adapting wages, salaries and pensions (+2.5%) on 1 August 2018

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Date:
07 Aug 2018

Newsflash

By:
Dorothée David

Sliding wage scale

Adapting wages, salaries and pensions (+2.5%) on 1 August 2018

According to a press release from STATEC on 31 July 2018, the provisional result of the national consumer price index (NCPI) for July 2018 is 1.5%, triggering a new indexation.

On the basis of this announcement, the new sliding wage scale index for salaries goes from 794.54 points to 814.40 points on 1 August 2018, resulting in a 2.5% rise in wages, salaries and pensions from 1 August 2018.

The official publication of the Consumer Price Index of July will occur according to STATEC on 8 August 2018, after the monthly meeting of the Index Committee.

A detailed Newsflash will be published next week on this subject, specifying the impact of this indexation on the various thresholds and amounts applicable in labour law (minimum social wage, trial period, non-competition clause, tax-free transactional indemnity. etc.)

STATEC