Drobnjak: Pensions will be secure and will not be reduced, only their increase is possible

The PIO Fund said that, bearing in mind that recently there have been various interpretations in the public regarding the increase in pensions and their payment, they reiterate the previously stated positions of Drobnjak, which represent the official position of the Fund as an institution responsible for the implementation of the Pension Law and disability insurance

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PIO Fund, Photo: Luka Zeković
PIO Fund, Photo: Luka Zeković
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Pensions will be secure and will not be reduced, only their increase is possible, announced the acting director of the Pension and Disability Insurance Fund (PIO), Vladimir Drobnjak.

He stated that, although the announced reduction in contributions will reduce revenues in the budget of the PIO Fund, the fiscal strategy specifies a set of measures that will replace that budget.

The PIO Fund said that, bearing in mind that recently there have been various interpretations in the public regarding the increase in pensions and their payment, they reiterate the previously stated positions of Drobnjak, which represent the official position of the Fund as an institution responsible for the implementation of the Pension Law and disability insurance.

"The mentioned measures are, among other things, the introduction of taxes when it comes to games of chance, taxation of real estate, introduction of a single rate in tourism of 15 percent, marking of fuel. That additional budget of the Fund will be filled with the increase in wages that have now been announced, so that the tax base will be expanded, that is, the gray economy will be reduced," said Drobnjak.

He stated that it is important to point out that pensions will continue to be secure, because pensioners are guaranteed by law the regular payment of their rights, that is, the state guarantees the payment of pensions from budget funds.

"Also, pensions will not be lower in the future, although the personal coefficients for certain categories of residents will be lower," added Drobnjak.

As previously announced, it is not disputed if a negative personal coefficient appears, because it is not the only parameter that is calculated for pension calculation.

"Namely, there are two more important parameters, namely the length of service and the value of the pension for one personal point, which also affect the amount of the pension calculation," the announcement concludes.

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