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Former medalists in Olympic sports to get guaranteed pensions

FORMER athletes who have won medals at major sporting events will receive monthly bonuses to their old age pensions should the need arise, as a vast majority of MPs approved the change May 14.

The Slovak Olympic team arrives in London.(Source: TASR)

“Top national athletes make efforts to be successful, and they’re then left with little scope to pursue other activities that would bring them financial incomes for their day-to-day lives,” states the proposal.

The law, presented by Smer MPs Anton Martvoň, Oto Brixi, Dusan Čaplovic and Dušan Gális, concerns athletes who have won a medal representing Slovakia or the former Czechoslovakia at Olympic, Paralympic or Deaflympic games or at World or European championships in a sports discipline acknowledged by the International Olympic Committee.

The bonus payments will be calculated so that the pensions of athletes who have won gold reach at least €750 per month. Silver and bronze medalists will receive bonuses to ensure that their pensions reach at least €600 and €500, respectively. Former athletes who have won more than one medal will be given the extra payment in line with the most valuable medal. Those already with a higher monthly pension than the aforementioned sums will be unable to claim any bonus.

A similar bill was submitted by the Opposition Most-Hid party in 2012, albeit based on a progressive multiple of the minimum wage. Smer voted that bill down, pointing to what it called several flaws in the proposal.

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