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: Pensions in the RS to be increased by over Three Percent?
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 > OUR FINDINGS > OTHER NEWS > Pensions in the RS to be increased by over Three Percent?
OTHER NEWS

Pensions in the RS to be increased by over Three Percent?

Published: June 2, 2017
Share
SHARE

Extra 50 BAM as a New Year’s Gift to Pensioners from Municipality of Novi Grad SarajevoMinister of Labor and Veteran-Invalid Protection of the RS Milenko Savanovic said that the payment of pensions in the RS is regular and that they should be increased by 3 % from October this year, for which is necessary to allocate around 30 million BAM on an annual basis.

“Pensions are not high, but we are doing everything to increase them. That is possible with the development of the real sector,” said Savanovic, after the session of the Council for the monitoring of the state and reforms of the system of pension and disability insurance in the RS.

He noted that funds for the increase of pensions could be secured through increased payments of contributions.

“Currently, we have a total of 257,609 pensioners in the RS. When compared to previous years, we have increased the number of insured persons in relation to pensioners, which is a good thing,” said Savanovic and recalled that about 25 million BAM is allocated from the budget of the RS for payment of pensions every month.

Chairman of the Council for the monitoring of the state and reforms of the system of pension and disability insurance in the National Assembly of the RS Ilija Stevancevic said that the Government of the RS did not respect parliamentary conclusion from January 1, this year, to increase pension from 3 to 5 %.

“However, the Government of the RS decided to increase pensions by 3 % from October. The remaining 2 % will depend on collecting funds from contributions or other sources,” said Stevancevic and recalled that the Government of the RS owes more than 400 million BAM to the PIO Fund and it is good that the Government is paying pensions through the Treasury.

(Source: klix.ba)

President of Montenegro and Zvizdic: regional Cooperation is a strategic Priority
Trebinje is Becoming More Interesting For Tourists
EDUS Marks 2 April- The World Day of Autism
Searches Conducted in Sarajevo, East Sarajevo, and Zavidovici in Human Trafficking Investigation
Medieval Town of Dubrovnik in Bosnia and Herzegovina hides many Legends
TAGGED:#BiH#increase#october#pensionsMilenkoSavanovicthe RS
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 Bakery in Sarajevo shares Free Somuns to Those in Need
Next Article The Winner of Masterchef prepared Iftar Dinner with Aunt Zilha
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

New Price Increases as of January, Winter Could Further Drive Up Prices?
November 8, 2026
Dodik Attacks the Constitutional Court Once Again: Is He Using Maximalist Demands to Mask His True Goals?
November 8, 2026
Former US Diplomat Thomas Countryman: We Shouldn’t Expect Significant Changes in the Approach towards BiH  
November 8, 2026
BiH imports 80,000 Cars this Year
November 8, 2026
Sarajevo Brought U2 Once. Can It Do It Today? Thirty Years Later, It’s Time to Invite Bono Again
November 8, 2026
Citizens donated Food and Hygiene Supplies at the 1st Humanitarian Market in Zenica
November 8, 2026
Mural of War Criminal Ratko Mladic Destroyed in Bijeljina City Center
November 8, 2026
Gambling Expansion in BiH: Billions are being spent
November 8, 2026
European Commission Launches Roaming Abolition Negotiations with BiH and Five Other Countries
November 8, 2026
US Senators: We continue to support the Work of the Memorial Center
November 7, 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?