May 28, 2024

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Plan to “unfreeze” suspended pensions

Plan to “unfreeze” suspended pensions

The Labor Department is working on a plan to unfreeze outstanding supplementary pensions.

This project under construction will have two axes:

1. Complete the digitization of life insurance.

2. The possibility of disbursing a quick temporary supplementary pension to pensioners who have completed 15 insurance years.

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Parallel and sequential locking is problematic

Regarding the first axis, competent officials state that the major problem in issuing supplementary pensions relates to retirees who have parallel and/or sequential insurance and at the same time have an insurance period before the year 2002. It is noteworthy that the insurance period was numbered only for the period after the year 2002, while From that year on there were only paper insurance cards left.

Failure to digitize the insurance period before 2002 leads to technical difficulties and delays in issuing supplementary pensions. It is expected that this issue will be completely resolved (meaning that it will be found electronically – immediately the entire insured life of every employee or self-employed person) within two years.

But this does not mean, according to the same sources, that a greater effort is not being made on the part of the Ministry of Labor and the Social Security Charitable Society to issue supplementary pensions faster, especially since the giant “stock” of outstanding main pensions has become gold.

fake years

At the same time, another important problem of not issuing supplementary pensions is the non-recognition of fictitious insurance by the pensioners themselves in order to prove the right to receive supplementary pensions.

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Regarding the second axis of the plan to reduce the “stock” of suspended supplementary pensions, the scenario of paying early supplementary pension to insureds who have at least 15 years of supplementary insurance and (apparently) have established a pension right and received the final main pension.

In this case, the concerned pensioners can receive the supplementary pension equivalent to 15 years of insurance retroactively, i.e. from the month of submitting the pension application and receive the excess amount (the difference between the temporary and final supplementary pension) also retroactively when the final supplementary pension is issued.