Luxembourg wages rise from Tuesday

(ADW) As every year, salaries and pensions increase with the much talked about indexation rate. As of Tuesday October 1, this rises by 2.5 percent for the first time this year as since 2012 the adjustment has been reduced from twice to once a year.

This means that for unskilled workers the minimum wage increases from 1874.19  to 1921.03 euros gross per month.

The minimum wage for skilled workers rises to 2305.23 euros gross, an increase of 56.02 euros.

• Indexation and what the political parties think

Less than a month before the elections, the index is at the centre of political discussions:

For the Socialists, from LSAP and moving further left, the argument is for a return to normal indexation as it was before 2012, so two adjustments per year.

The CSV do not exclude new changes and are willing to discuss the introduction of a maximum portion of the index with socialist partners.

The Green Party, Déi Greng, want to keep the indexation system, but are ready to adjust in case of crisis.

The Democratic Party (DP) wish to drop one tranche of indexation per year permanently in order to “save money, help create jobs and reduce unemployment”.