“The new law prescribes the liquidity of the pension fund for the next 20 to 30 years, because the fund will be moved to the budget, and the pension payment obligation is now guaranteed by the state, i.e. the FBiH. Pensioners do no have to worry about raising their pensions anymore since they now depend on the increase of gross domestic product and consumer price index,” noted Novalic.
“It was secured that the payment and the growth of pensions are not just some pre-election story and the thing depending on someone’s personal will, but the issue of mechanisms included in the Law on PIO,” said Novalic.
“Time will show that we made some significant progress in this segment. The law prescribes regular and extraordinary adjustment of pensions, but also the adjustment possibility for the lowest categories,” said Minister Drljaca.
Representatives of pensioners expressed their support for the law at the meeting once again, because pensions are now determined on the basis of paid contributions and working experience.
(Source: klix.ba)