August pension payments begin on September 5

Payment of pensions for the month of August will begin on Tuesday, September 5, 2017, as decided at the session of the Management Board of the Federal Pension and Disability Insurance Institute, reports the Patria agency. 

Pensions realized under the Law on Pension and Disability Insurance will be calculated and paid according to the coefficient of 1.816, which means that the amounts of the lowest, guaranteed and highest pensions remain unchanged. Accordingly, the lowest pension amounts to 326.17 KM, the guaranteed pension to 434.90 KM, while the highest pension amounts to 2,174.48 KM.

Pensions realized under the Law on the Rights of Demobilized Defenders and Members of Their Families, the Law on the Rights of Defenders and Members of Their Families, and the Law on Service in the Armed Forces of the Federation of BiH will be calculated and paid according to the coefficient of 1.485.

Pensions realized under the Law on Early Preferential Pensioning of Fighters will be calculated and paid according to the coefficient of 1.00.

The total funds required for the payment of pensions for August, including costs, amount to approximately 165 million KM.