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ABOLITION OF PENALTIES FOR THE PENSIONS RECEIVED IN ACCORDANCE WITH THE ACCELERATED PENSION PLAN

28. August 2018.

Presevo, Bujanovac, Medvedja – “Penalties for retirement will be abolished for all those who had a reduced service retirement benefit during their working careers,” said Zoran Djordjevic, Minister of Labor, Employment, Veteran and Social Affairs.  

“This means that the necessary retirement age will be reduced in proportion to their years of service.  This will not apply to employees of the companies undergoing restructuring, or any other employees, but only to those who have had reduced service retirement benefits, "Minister Djordjevic said.

"If the employee gets 18 months of service per year, then he/she will get 18 years of service for 12 years of work, so that the years required for his/her retirement will be reduced by those six accelerated retirement years,“ Minister Djordjevic said.   

“These conditions will apply to firefighters, police officers, army officers, miners etc. Everyone will be able to exercise the right, regardless of whether they are retired or still need to get retired. The difference will be paid retroactively from the time when the Regulation on the matter is adopted, "Minister Djordjevic said.  

Source: RTV Rhythm and Coordination Body