By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Basic Life necessities become Luxuries – How do Pensioners live?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Basic Life necessities become Luxuries – How do Pensioners live?
BUSINESS

Basic Life necessities become Luxuries – How do Pensioners live?

Published: January 6, 2024
Share
SHARE

Of the 446 thousand pensioners in the Federation of Bosnia and Herzegovina, 66 percent of them receive the lowest pension of 538 marks. Although it was announced that from January this year the so-called pensions will be increased by 6 percent by accrual adjustments, given that the budget has not been adopted, only current liabilities will be settled. With an increase of 6 percent, the lowest pension would amount to 570, and the guaranteed one would reach the amount of 680 marks. How do pensioners live?

Every year on 15.4. based on GDP growth in the previous year and the consumer price index, it determines how much the pension adjustment will be for that year. This year, 6 percent is planned, but pensioners believe that it is not enough.

The Association of Pensioners’ Associations of the Federation of Bosnia and Herzegovina is aware of the unenviable position of pensioners. Therefore, they sent a request for a meeting to Federal Prime Minister Nermin Nikšić. Last year, the Government of the Federation started with the so-called by advance adjustment already in January, but according to the president of the Association of Federation of Pensioners FBiH Redžo Mehic, this year pensioners are skeptical.

“That was on December 21, when we sent the letter. There is still no news from the Government of the Federation, nor the will, nor the desire to receive it. I checked again whether that request came. It came on time, recorded,” he points out.

The Association of Pensioners states that pension for them has a social character. Considering that the consumer’s basket is three thousand marks, the basic necessities of life become luxuries. Energy poverty and high drug prices are an additional blow to pensioners’ pockets. And they are often forced to seek treatment privately.

“People have nothing to live on. You have seen at the market in Markale and others, that people take one pepper, one tomato, one cucumber each,” emphasizes Ahmet Bešić from the Novi Grad Sarajevo Pensioners’ Association.

They are grateful for the monthly assistance from the municipalities, and they set aside part of the membership fee for the most vulnerable pensioners. In addition, some are helped by children, and some also work.

“If people feel capable, and they don’t endanger anyone’s workplace, that represents an additional source of income, and we send our pensioners wherever they can,” says Redžo Mehić.

While waiting for pensions, which should have enabled them to live a dignified life, pensioners have a chance to turn to the labor market. The question arises as to how many of those who will be forced to work from job to job in the future in order to survive with insufficient income and the increasing departure of the workforce.

BiH imported Forty Million BAM worth Sunflower Oil
Swiss Cooperation Programme in BiH presented
Business Meeting in HUB 387: B&H Companies Presented Their Services to Jordanians
Ambassador Makarevic pointed on the Advantages BiH has
The Exploitation of Ore and Stone keeps RS Industry in profit
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article IGC Canada requests that the HR bans the Commemoration of the unconstitutional January 9th
Next Article More than 860 People died of Starvation in Ethiopia
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Rome and Washington Back Landi for High Representative
May 20, 2026
Hasanovic demands a Public Apology from BiH Minister of Finance
May 20, 2026
ITA BiH: The new Gradiska Border Crossing has not been opened, but temporarily moved to another Location
May 20, 2026
Mechanism Prosecutor Brammertz Concludes Mission to Kigali
May 20, 2026
Delegation of the Ministry of Defense of BiH on an Official Visit to Turkey
May 20, 2026
Alkalaj: US will be much more active in the Process of selecting a new HR and the work of the OHR
May 20, 2026
Vice President of RS files Criminal Charges against Finance Minister
May 20, 2026
EU Delegation Condemns Amidzic’s Speech: Incendiary Statements Addressed to Zijad Krnjić and Bosniaks Unacceptable
May 20, 2026
World Cup Fever Grips BiH as Sticker Mania Unites Generations
May 20, 2026
Krnjic: Chauvinistic and Islamophobic Statements show Amidzic’s true Face
May 20, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?