Pension payments BEGINS August 5

Payment of pensions for July will begin on Friday, August 5, 2016, it was decided at the meeting of the Board of the Federal Bureau MIO / PIO said Feni Head of Public Relations of this institution Amel Lizde.Payment should be completed by 10.august, provided that the Institute receives written approval from the Federal Ministry of Finance.

- The decision of the Board FZ a tender for borrowing from banks and 25 July there was the opening of bids, where a consortium of banks offered a loan of 63 million marks. Under the Law on Public Procurement is scheduled deadline for appeal 10 days. In the meantime, we are of the Federal Ministry of Finance requested a written approval for the loan in accordance with the Law on debt, borrowing and guarantees Federation. If we receive written approval from the Federal Ministry of Finance as we can expect before the expiration of the appeal period for payment of pensions will be sufficient 3-4 working days-, said Lisa.

Pensions acquired pursuant to the MIO / PIO, will be calculated and paid according to the coefficient of 1.816, which means it is the lowest, and the highest guaranteed pensions remain unchanged. Accordingly, the minimum pension is 326.17, 434.90 guaranteed, while the highest is 2,174, 48 marks.Pensions which were acquired pursuant to the Act on the rights of demobilized soldiers and their families, the Law on the Rights of Veterans and Members of their Families, and the Law on Military Service of the Federation, will be calculated and paid according to the coefficient of 1.485.

Pensions acquired pursuant to the favorable early retirement war veterans will be calculated and paid according to the odds of 1.00. The total funds required for the payment of pensions in July, with included costs amount to about 162 million marks.

• 29 Jul, 2016
• 2721 views