
Pension payments for the month of August, processed through post offices, will begin on Saturday, September 6, while pension payments through banks will commence two days later, on Monday, September 8, 2014, it was decided at the session of the Management Board of the Federal Pension and Disability Insurance Fund, reports the BiH news agency Patria (NAP).
The reason for the decision on different start dates for pension payments is the fact that payment transactions do not take place in banks on weekends, it was announced from the Federal Pension and Disability Insurance Fund.
The lowest pension for the month of August will be 326.17 KM, the guaranteed pension 434.90 KM, while the highest pension is 2,174.48 KM.
The total funds required for the payment of pensions for August 2014, including costs, amount to approximately 150 million KM, reports NAP.
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