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Tripartite supports introduction of minimum pension

A GOVERNMENT-Labour-Business tripartite supports the introduction of the minimum pension in Slovakia, Labour Minister Ján Richter told the press after the session of the Economic and Social Council held on February 16.

Labour Minister Ján Richter (Source: SITA)

“The social dialogue is going well, in that the tripartite is commenting on respective documents,”  said Richter, as quoted by the TASR newswire, adding that the amendment concerning social insurance concludes the pension reform as such in Slovakia.

The goal is to set the minimum pension in such a way that a difference would be created between those who worked and paid deductions and those who were only receiving social benefits, according to Richter.

The minimum pension measure is to be in force as of July 1. Those who paid pension insurance for at least 30 years and reached the pension age, will have a claim to it. The monthly sum to be paid out is €269.50 in 2015, TASR reported. The government will discuss the draft at its Wednesday session.

New legal institutes are being introduced into the legislation concerning social insurance, such as compensatory supplementation vis-a-vis the contributions made prior to January 1, 1993 when Czechoslovakia existed, and the circle of state policyholders is being broadened by a category of people who were unable to contribute as they were considered endangered or protected witnesses.

The most satisfied with the discussion results are the employers that will not have to provide any additional finances. They also praised the ministry for a good bill, both from a social and philosophical point of view, Labor Ministry spokesperson Michal Stuška told the Pravda daily.

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