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More people are dying than entering the pension system

In the past year, 1,135,166 people in Croatia were entitled to a pension. During 2015, as of December 31, 40,689 new users entered the pension system.

The largest number of individuals, as many as 19,000, acquired the right to an old-age pension. A total of 10,028 people obtained the right to an early old-age pension, while 55 individuals retired early due to employer bankruptcy. The right to a disability pension was granted to 1,847 users, and 9,759 new users obtained the right to a family pension. In the same year, 47,417 individuals exited the system due to death.

In the first month of 2016, an additional 3,411 people acquired the right to a pension in Croatia. An old-age pension was granted to 1,361 individuals, an early old-age pension to 766, a disability pension to 183, and a family pension to 701 individuals. In January of this year, due to death, the right to a pension ceased for 2,068 individuals.

According to the latest data from the Croatian Pension Insurance Institute, led by Srećko Vuković, the ratio of pension beneficiaries to insured persons is 1:1.15. The average old-age pension for those with 40 or more years of pensionable service amounts to 3,387.15 kuna, while the average paid pension in Croatia is 2,237.50 kuna. According to the Ministry of Finance, it is necessary to secure 3.062 billion kuna for the uninterrupted payment of pensions and pension benefits.