Deputy Prime Minister Jovan Krkobabic said today that in 2011 pensions will be bigger since all three increases that are planned will be permanently included in the basis for pension calculation.
In a statement to today’s issue of Novi Sad daily Dnevnik, Krkobabic voiced his hope that the text of the
amended Bill on pension and disability insurance will be returned to parliamentary procedure within deadline, with the changes that have been agreed with the International Monetary Fund (IMF) as part of the sixth review of the stand-by arrangement.
This agreement will not harm pensioners. It stipulates that the minimum pension must not be below 27% of the average salary. Also, the beginning of the application of a gradual increase in the required years of service for obtaining a pension for women will be postponed from 2011 to 2013, the Deputy Prime Minister explained.