Pensioners in the Federation of BiH, ie beneficiaries of the Federal Institute for Pension and Disability Insurance, will receive a pension in the current amount this month. The next month of pensions in this bh. The entity will be increased in accordance with the Law on the PIO.
The current lowest pension is 573.53 km, guaranteed 684,48 km, and the highest 2867.65 KM. The average pension of the independent pension beneficiaries in the past month was 725.33 KM.
– Although the ultimate percentage of the increase in the Pensions will be known in the coming days, ie after the Final Board of the Board of the GDP and Consumer Prices should be 4.48 percent, Tomislav Kvesić, spokespapers of the Institute, writes Večernji list.
The lowest pension will increase by 25.60 KM
In that case, the lowest pension should be increased by 25.60 KM and would amount to 599,20 KM from April, while the guaranteed pension would amount to 715 KM.
Namely, according to the applicable law, pensions in the Federation of BiH are harmonized in the 15th year by the amount of consumer prices and 50% of the Federal Bureau of Statistics, in addition to harmonization, and the most up to the growth rate of gross domestic product in the previous year.
The first enlarged pensions pensioners will receive in May, AS and the difference in increasing for the first three months. In addition to the Regular Synchronization of Pensions, the Government of the Federation of BiH plans to ensure the interventionary amount of financial support for pensioners during this year, while the adoption of new legal changes that should adopt a different formula for annual pensilization formula.
In the Federal Budget, 337 million KM was provided for pensions more than last year, which demonstrates the commitment to improving conditions. Earlier promises, such as one-time assistance and additional funds for spa treatment in the amount of two million KM, have already been met, confirmed from the Government of the Federation of BiH.
Regular component of pensions since 2018. years
It should be noted that the regular harmonization of pensions in the Federation of BiH was introduced only in 2018. year, by entering into force of the currently valid Pension and Disability Insurance of the Federation of BiH, the amount of the average pension increased by 15.24 percent, and minimum by 17.17 percent. Unfortunately, the Coronavirus pandemic was followed by a world market disorders, which do not even cause, causing a huge inflation rate, which is all previous pensions in some way, as analysts say, “ate”.
Today, the minimum pension is 247 KM more than 2018. years, but can be purchased for it less. This is the reason why it is actively working to amend the Law on the PIO.
How will the increase in pensions will be calculated next year
Namely, at the recent meeting of the representatives of the Government of the Federation of BiH and the Association of Pensioners, the working group is intensively working to prepare the amendments to the Pension and Disability Insurance Act to define the final text as soon as possible. The goal is for the Government of the Federation of BiH to prepare a proposal to the parliamentary procedure, which would be corrected by the observed weaknesses of the existing legal solution.
Relevant data and analyzes are presented to serve as a basis for system solutions focused on strengthening the position of pensioners. The adoption of the new Law on Pension and Disability Insurance by the end of the year would also mean a different way of calculating when complying with pensions in the coming year. Pension payout in the Federation of BiH for Mart should begin at the end of this week, it is written Focus.
