Lifestyle

Coronavirus Allowance for Croatian Pensioners Coming?

By 17 February 2021

February the 17th, 2021 - Are Croatian pensioners set to get a boost to their monthly income in the form of coronavirus allowance? If so, for some that amount could be as much as an additional 200 euros.

As Poslovni Dnevnik writes, the Labour Miniser Josip Aladrovic stated recently that given the severity of the economic situation caused by the spread of the novel coronavirus, compensation must be provided, from which it could be concluded that the Croatian Government is seriously considering the payment of one-time assistance to Croatian pensioners.

Croatian Pensioners' associations previously requested the payment of a one-time coronavirus pension supplement which would be calculated depending on the existing monetary amount of an individual person's pension.

For Croatian pensioners with pensions up to 2710 kuna per month, the supplement would be as much as 200 euros, people whose pensions are from 2710 to 5000 should, according to them, receive 100 euros each, and single people with a monthly pension of more than 5000 kuna should receive 50 euros, according to a report from Vecernji list. For this proposed one-time payment to Croatian pensioners, the state budget would have to provide around 1.1 billion kuna, Minister Aladrovic emphasised during a weekly show held on Croatian Radio.

''We're aware that some countries have paid out coronavirus allowances related to the increase in material costs of retirees during this trying period. We also need to find some sort of model of compensation. At the same time, the indexation of pensions is coming, for which we will see in just ten days how much it will be. When we know how much our indexation is, we will know precisely how much our fiscal capacity is,'' said Minister Aladrovic.

Looking at this year's budget, there is currently no money in it for coronavirus pension supplements, but the local elections in May are quickly approaching, so that argument could be more crucial given the country's fiscal capabilities, as Croatia should provide about 42 billion kuna for pensions this year.

However, in addition to the state budget, such a payment may be covered by some social programmes of the European Commission (EC).

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