Payment of pensions for June begins on July 5

FBiH, (Patria) - The payment of pensions for the month of June will begin on Thursday, July 5, 2018, it was decided at the session of the Management Board of the Federal Pension and Disability Insurance Institute (PIO/MIO), held in Konjic on June 28, 2018.

The lowest pension for the month of June is 348.06 KM, the guaranteed pension is 450.12 KM, while the highest pension is 2,174.48 KM.

- The trend of increased collection of contribution revenues continues, and this month more funds will be collected than necessary for the monthly payment of pensions. This continues the reduction of the accumulated deficit, and the need to use revolving credit funds for pension payments will be smaller - it was announced from the PIO/MIO Institute of FBiH.

The total funds required for the payment of pensions for the month of June, including costs, amount to approximately 177 million KM.