Not all pensioners will get more

Planned €8.20 a month raise is not evenly applied, prompting court challenges.

Illustrative stock photoIllustrative stock photo (Source: SME)

Not all pensioners will see their pensions increase in January by €8.20 a month. If they receive the so-called minimum pension from state, which was introduced one year ago, the valorisation follows different rules than if they were getting ordinary pension.

Some of those affected have already turned to the court, the Sme daily reported.

The minimum pension was adopted by the second Robert Fico government (2012-2016) to secure certain payment to people who have been working for more than 30 years. The aim was to prevent situations they would have to ask for social benefits. As a result, thousands of people saw their pensions increased and they could actually afford to pay for more.

They however later learned that since they already saw their pensions rise, they are not entitled for the regular annual valorisation. The system works in a way that the insurer adds the valorisation to the original pension a person was to receive and compares it with the minimum pension. If the former is lower, the pensioner will receive the unchanged minimum pension. If it is higher, the insurer will increase the sum, Sme wrote.

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