Pensions

New rules for pensions are in force: the PDI fund changed the provisions

According to the amendments to the Law on Pension and Disability Insurance (PDI), which entered into force on September 15, 2023, effective from January 1, 2024, in the event of the death of a pensioner, the amounts of pensions and cash benefits belong to the last day of the month in which the beneficiary is passed away, announced the PIO Fund.

This is the highest pension in Serbia

According to the last available statistical report of the Serbian PDI Fund, the highest pension in Serbia is exactly RSD 200,475.

Practically, and as per the Law on PDI, no retired person in Serbia can register more than 45 years of service or a personal coefficient higher than 3.8. Thus, therefore, the pension is "fixed" at this amount.

Bulgaria's Pension Duration Among Shortest in the EU

Bulgaria holds the distinction of having the shortest average pension duration among European Union nations. Across EU member states, retirement pensions typically last between 15 to 25 years. However, in Bulgaria, men receive pensions for an average of 14 years, while women receive them for nearly 19 years.

Second job could raise your pension

People who work a second job beyond their main, full-time occupation, will enjoy higher pensions when their retire, Labor and Social Insurance Minister Adonis Georgiadis has told Kathimerini.

Georgiadis has drafted a bill allowing a second job, provided that total daily employment does not exceed 13 hours.

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