Pensions

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 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.

As of January 1, significant alterations have been implemented in the retirement age and mandatory service duration, impacting pension entitlements for both men and women.

The novel research focused on government health data from a pension program introduced in China in 2009

The pension increase for 2024 has been determined at 3%, with the first payment in January already scheduled for just before Christmas.

This practically means that retirees will receive a national pension raised from the current 413.76 euros to €426.17 (an increase of €12.41).

"The payment has already started, the state allocated more than RSD 33 billion of additional aid for our oldest fellow citizens, which is in line with the current state policy of caring for the community and the individual in the years of crisis," Mali said.

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.

The National Assembly has passed a much-needed bill on long-term care, determining the scope of services to be provided by the state and introducing a new contribution to finance them. It will be paid by employers, employees and pensioners.

Slovenia does not intend to increase the retirement age to make the pension system more sustainable, instead it plans to offer incentives so that people keep working longer, but higher contributions and a new tax are also on the table, according to a Labour Ministry blueprint for pension reform released on 11 July.

A fairer system envisaging a more proportionate burden on working pensioners, so that the declaration of employment is not a disincentive, is expected to be announced in Parliament on Thursday by Prime Minister Kyriakos Mitsotakis, in the context of the presentation of his government's program.