How to increase pension
30/05/2012 00:00
Linda Rama: Between Family, Work and Albania’s Future 18/08 14:30
The people who have worked for 35 years or who have reached 60 years of
age for women and 65 years of age for men, but that have a small
pension, can increase it by not retiring.
The Contribution Director at the Social Insurance Institute explains that for this case there is a legal disposition that allows the beneficiaries to increase pension through this bonus.
“It has been foreseen that this category of people that will not retire, will receive bonus or an additional payment over the pension that will be calculated. This varies for every month and it is 0.34% of the calculated pension”, declared Sabah Goci, the Contribution Director at the SII.
The minimal pension is currently calculated at 11.117 ALL, while the maximal goes to 22.234 ALL. According to Goci, the minimal pension goes to self-employed people and those who have worked in agriculture.
The contribution recipients often quit working when they reach that age, although they are not satisfied with the minimal pension. SII directors appeal the citizens to learn the other opportunities before applying for their retirement. The Bonus will be given even when the citizen will profit maximal bonus.
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