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PIO Fund clarifies family pension rules for employed individuals
The Republic Fund for Pension and Disability Insurance (PIO Fund) has clarified the regulations regarding family pension rights for employed individuals. While employment does not disqualify a person from being recognized as having the right to a family pension, it does delay the actual disbursement of funds.
To qualify, a widow must generally be at least 53 years old at the time of her spouse's death. If she is between 45 and 53, she can claim the right once she reaches the age of 53. However, payments will only commence once the individual ceases their employment or status as an insured person.
Specific rules apply to those working under service or copyright contracts. These individuals may continue to receive family pension payments provided their monthly compensation remains lower than the minimum insurance base for employees at the time of contribution. If compensation exceeds this threshold, pension payments are suspended for the duration of the insured period.