In accordance with the Law on MIT in the Federation of Bosnia and Herzegovina, the threshold for early retirement is increased by six months compared to last year.
With the arrival of the new year, the rules also change for future retirees. In accordance with the Law on MIT in the Federation of Bosnia and Herzegovina, the threshold for early retirement is increased by six months compared to last year.
39 years of experience
Thus, men who wish to retire early by the end of this year should have completed 64 years of life and 39 years of insurance experience, and in 2026 they will be able to exercise this right at 64 years and six months of life and 39 years and six months of insurance experience, writes Večernji sheet.
Women who wish to use the right to an exceptional early old-age pension in the FBiH by the end of this year, 2025, at the time of submitting their pension application, should be 59 years old and have 34 years of insurance experience, and in 2026 this threshold rises to 59 years and six months of age and 34 years and six months of insurance experience. During 2027, a woman will have to reach 60 years of age and 35 years of insurance experience, and during 2028, 60 years of age and six months of life and 35 years and six months of insurance experience, while in 2029, that threshold will be raised to 61 years of life and 36 years of insurance experience. If there are no changes to the law, in 2030 women will have to reach 61 years and six months of life and 36 years and six months of insurance experience in order to receive early retirement, in 2031 they will be 62 years of age and 37 years of insurance experience, and in 2032 62 years and six months of life and 37 years and six months of insurance experience.
Reduced pension amount
After reaching 63 years of age and 38 years of insurance experience, women will be entitled to an early pension during 2033, and a year later they will need at least 63 years and six months of life and 38 years and six months of insurance experience. The law says that in 2035 the threshold will be raised to 64 years of age and 39 years of insurance experience, while in 2036 the rule of at least 64 years of age and six months of life and 39 years and six months of insurance experience will apply. Those who choose this option must know how they will receive the reduced pension amount. For each month of early retirement compared to the prescribed 65 years of age, the amount of the realized pension is reduced by 0.333333 percent.
Source: bljesak.info
