Pension payments for January to begin on 5 February under old law

Pension payments for the month of January will begin on Monday, 5 February 2018, as decided at the session of the Management Board of the Federal Institute for MIO/PIO. Until the new Law comes into effect, pensions are calculated according to the existing Law.

Pensions granted under the Law on MIO/PIO will be calculated and paid using the coefficient of 1.816, meaning 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 granted under the Law on the Rights of Demobilised Veterans and Members of Their Families, the Law on the Rights of Veterans and Members of Their Families, and the Law on Service in the Armed Forces of the Federation of BiH will be calculated and paid using the coefficient of 1.485.

Pensions granted under the Law on Early Preferential Retirement of Veterans of the Homeland War will be calculated and paid using the coefficient of 1.00.

The total funds required for pension payments for January, including costs, amount to approximately 165 million KM.