Improve the living standards of the Pension Population in the Federation of BiH is one of the key goals, and if it is to believe the announcements, this year, the FBiH could be developed in the system, which would cover the topic of the growth of pensions, writes Večernji list BiH.
It is clear that the current law is too restrictive in this regard, but the new growth of pensions could enable the fact that it should as one of the elements in the formula for harmonization, instead of GDP, take average salary in the Federation of BiH. During the previous speeches, retirees asked that the growth of the average salary represents 70 percent of the growth of pension, while 30 percent would make up the growth of consumer prices, ie the basket. However, such that it would surely seek and significantly higher amounts of funding, so that this percentage will still be slightly lower, but still sufficient to enable significantly more increase in pensions. Sources of the evening list made in issue say that the options are to grow salary and price growth in a ratio of 50:50 or possibly 60:40, although the first option is more realistic. In other words, the growth of pensions would be performed in the amount of the sum of 50% growth of average salary and 50 percent increase in consumer prices.
Since the average salary grew more than GDP, it would ultimately enable more significant growth of pensions. What, it’s hard to speak at this point. After all, we still have no draft of a new legal decision on pension and disability insurance, but this does not prevent us from making a framework assessment, based on statements that have so far given the pensioners themselves. They are, reminded, requested that the growth of the average salary rate participates in the calculation of the growth of the average salary, ie the minimum would be 60 percent. And such that would then allow the lowest pension to be 800 to 850 KM, while the current minimum pension in the Federation is almost 600 marks.
We are reminded, in accordance with Article 79. Law on Pensions in 2025. It was 4.49%, the BDP Department of the Federal Institute and the Consumer Price Index published by the Federal Bureau of Statistics. According to the above data, the growth rate of the nominal gross domestic product is 7.548%, while the growth rate of the consumer price index is 1.43%. Applying the legal formula at which 50% of both parameters gives a percentage of adjustments, we receive an amount of 4,489% and the final amount of regular complaint of pensions of 4.49%, which will be applied to the amount of pension from December 2024. Years.
Pension harmonization is applied from 1. January 2025, and all pensions are harmonized in 2025. year, with the exception of minimum and guaranteed pensions, while the amount of the highest pension is legally limited to the amount of five lowest pensions. According to the above, the lowest pension is 599.28 KM, guaranteed 715,21 KM, while the highest pension is 2996,40 KM. The introduction of the growth of the average salary is not a newspaper given that this parameter is common in the surrounding countries. It also needs to be reminded how the BiH Federation is a general point that multiply personal points when the pension is achieved with the increase in average salary. Pension growth should be viewed through the Prism of Systematic Measures, but there are those one-time, so in March during the Federation of BiH, the pensioners in this entity can also expect a support measure that implies financial support to pensioners.
