The payment of pensions for January will be on Thursday, February 5, and pensions will be increased by 11.2 percent based on the Decision on Advance Adjustment made by the Management Board of the MIO/PIO Institute and approved by the Government of the Federation.
“The Decision on advance adjustment was made because the official indicators on the growth of the average gross salary and the consumer price index, which are published by the Federal Bureau of Statistics, are not yet known. When the aforementioned indicators are known, a decision will be made on the final adjustment, which will be applied from January 1,” confirmed Feni from the Federal Institute for Pension and Disability Insurance.
Beneficiaries of the old-age pension obtained under the Act on MIO/PIO will continue to be able, as they could until now, to receive a pension and be covered by compulsory insurance.
The payment of pensions for January will be on Thursday, February 5, and pensions will be increased by 11.2 percent based on the Decision on Advance Adjustment made by the Management Board of the MIO/PIO Institute and approved by the Government of the Federation.
“The Decision on advance adjustment was made because the official indicators on the growth of the average gross salary and the consumer price index, which are published by the Federal Bureau of Statistics, are not yet known. When the aforementioned indicators are known, a decision will be made on the final adjustment, which will be applied from January 1,” confirmed Feni from the Federal Institute for Pension and Disability Insurance.
Beneficiaries of the old-age pension obtained under the Act on MIO/PIO will continue to be able, as they could until now, to receive a pension and be covered by compulsory insurance.
The Institute states that the amendments to the Law on Premature and More Favorable Retirement of Defenders of the Defense and Liberation War have made it possible for beneficiaries who received a pension based on the aforementioned law to receive a pension and be covered by compulsory insurance, which was not the case until now.
“Slightly more than 2,000 of our users have so far taken advantage of the opportunity to, in addition to receiving a pension, acquire the status of insured in the compulsory insurance, that is, to enter into employment. We expect that in the coming period, due to the aforementioned changes to the ZPP, that number will be somewhat higher,” the Institute emphasized.
As they added, with the Law on Amendments to the Law on Premature and Favorable Retirement of Defenders of the Defense and Liberation War, in addition to the aforementioned possibility of joining compulsory insurance without suspension of pension payments, the provision was deleted according to which the beneficiaries of the aforementioned Law had to be on the records of the Employment Service for 12 months before retirement.
Also, it is again possible to exercise the right for persons who have the status of war disabled in the percentage of 60 percent or more, which was acquired on the basis of being injured in the execution of combat tasks and who were declared as such to be unfit for military service, to be able to exercise the right to a pension in the amount of the lowest pension from December 2024 adjusted for all associated increases. Accordingly, it currently amounts to 666.40 KM, he writes Radio Sarajevo.
