Under the agreement, the ratio between the minimum pension and average earnings cannot be less than 27%, which will be confirmed by the Law on pension and disability insurance.
A compromise was also reached for beneficiary years of employment. The two sides agreed to find a solution before the law returns to parliamentary procedure.
One proposal is to freeze the regulation for two years, until 1 January 2013, and to speak about a way to solve this issue during those two years.
Another option would be to come up with another mutually acceptable solution.
In terms of the retirement age for women, the government agreed to postpone the enforcement of the law until 1 January 2013.
When it comes to employees who are redundant and are unable to exercise their right to a pension because of raising the age limit, the government undertakes to change the relevant laws or regulations, to enable the realisation of demands submitted by the union representatives who signed the agreement.