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San Marino introduces retirement extensions and pension protections
San Marino has introduced a new delegated decree that allows certain public administration and expanded public sector employees to postpone old-age retirement until the age of 70. This measure is not automatic; it requires the employee's consent and must serve a specific public interest. The State Congress will determine the eligible positions and activities through annual regulations following consultations with trade unions. To ensure continuity in staffing, a competition or selection process must be launched within two months to fill the vacated positions.
The decree also addresses social security gaps for Captains Regent who are self-employed or freelancers. During their six-month mandate, the State will pay the mandatory social security contributions to the ISS based on their compensation. This ensures that their period of political service is recognized for seniority and pension purposes, preventing a gap in their social security coverage caused by the interruption of their professional activities.