HSU: 600,000 Croatian Pensioners with Allowances Below Poverty Line

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The number of poor people in Croatia is growing by the day, and according to Eurostat, the poverty line is currently HRK 2,927, while the risk of poverty rate is higher than ever before, HSU leader Veselko Gabričević told a press conference, held to mark the International Day for the Eradication of Poverty, observed on 17 October.

“We are seeing a surge in energy prices, notably in prices of petroleum products, which is having a direct impact on prices of all staples. The last pension adjustment of HRK 68 is almost next to nothing. Regardless of the legal requirement for pensions to be adjusted twice a year, pensioners’ purchasing power is decreasing and their lives are becoming harder,” Gabričević said. 

The HSU is dissatisfied with the present pension indexation formula, saying that it leads pensioners into even greater poverty. It says that this issue has been raised with the National Council for Pensioners to stop a further decline of pensions in relation to wages. The party is calling for a comprehensive pension reform to increase the lowest pensions.

According to the Croatian Pension Insurance Institute, 1,113,522 pensions were paid out this September, and 722,644 pensioners have pensions ranging between HRK 500 and 3,000.

Gabričević noted that 9,195 pensions paid out in September exceeded HRK 8,000, including those of members of Parliament. 

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