Who Will Enjoy Right to Croatian National Pension Payments?

As Poslovni Dnevnik writes, as the Croatian Pension Insurance Institute announced recently, the national benefit for the elderly, also known as the Croatian national pension, was set to be paid out to the beneficiaries (into their bank accounts) yesterday, more precisely on Thursday, March the 17th, according to a report from Mirovina.hr/Pension.hr.

The Croatian national pension is currently being received by 5,808 people, all of whom are over the age of 65 and who aren’t receiving a pension of another kind because they haven’t met the requirement of a minimum of fifteen years of service in the workforce.

If they had acquired that minimum length/time of working service, their pension would have been at least 1,072 kuna per month. However, instead the state pays them 820.8 kuna every month, provided that their total household income doesn’t exceed the same amount per household member.

For example, if the husband has a pension of less than 1,641.6 kuna, the wife will receive a Croatian national pension sum on her bank account each month. If it is higher, there will be no such payments made to her.

The Croatian national pension, about which many have been talking for some time now, has a primary aim of reducing poverty in the country in old age. Women make up the most vulnerable members of the population, accounting for two-thirds of the Croatian national pension’s beneficiaries.

The number of beneficiaries of the Croatian national pension, which is something multiple European countries have introduced, is only growing, but very slowly, given that the Government’s projection was that this national benefit would eventually cover a far larger number of 20,000 Croatian residents.

For more, make sure to check out our dedicated lifestyle section.

 

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