Christian Democrats propose ‘thirteenth pension’

Opposition MPs of the Christian-Democratic Movement (KDH) have submitted to parliament a draft revision to the income tax law.

Opposition MPs of the Christian-Democratic Movement (KDH) have submitted to parliament a draft revision to the income tax law.

It would introduce a so-called ‘thirteenth pension’, KDH vice-chair Július Brocka told the SITA newswire. "Employees could once a year directly transfer Sk1,750 (EUR 58.09) from their tax to parents who are receivers of a pension. A retired parent could get this amount from every employed child," said Brocka.

If the annual amount of income tax of an employee was lower than Sk1,750, he or she could transfer all of their annual tax to their parent. Employees who do not pay any income tax, could not contribute any sum to their parents' pension. "It is motivating. He or she who wants to help, must try harder," Brocka said.

According to the KDH vice-chair, the proposal eliminates discrimination in relation to families with children. "The living standards of parents who took care of several children as long as they were dependent were lower," said Brocka. The measure would strengthen solidarity between the generation of children and their parents in society, he added. SITA

[‘Thirteenth’ refers to an extra monthly bonus sometimes paid in addition to the normal twelve – Ed. note]

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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