Lifestyle

When Will Next Croatian Pension Covid Supplement be Paid Out?

July the 15th, 2021 - The Croatian pension Covid supplement was announced several months ago and has been being paid out to Croatian pensioners in varying amounts depending on their monthly income. When will the next payout arrive?

As Poslovni Dnevnik writes, the second payment of the Croatian pension Covid supplement, paid out to mitigate the consequences caused by the ongoing pandemic will begin on Thursday, July the 15th, the Croatian Pension Insurance Institute (HZMO) reported on Tuesday.

In the second round of payouts, the Croatian pension Covid supplement will be paid out to 57,468 pension beneficiaries who, in addition to having a pension earned in the Republic of Croatia, also receive a pension from abroad, as well as Croatian pension beneficiaries who have completed insurance periods abroad but haven't yet exercised their right to a foreign pension.

The second payment also includes beneficiaries whose pension rights have been in progress up until this point, those who were granted the right to a pension on the 31st of March 2021 or earlier. For the second payment, 38,909,600 kuna has been provided, as follows:

- For 7,742 pension beneficiaries whose total pension income is up to 1,500 kuna, 1,200 kuna will be paid out once, and 9,290,400 kuna has been provided for that

- For 9,950 pension beneficiaries whose total pension income is in the amount of 1,500.01 kuna to 2,000 kuna, 900 kuna will be paid out once, and 8,955,000 kuna has been provided for that

- For 23,769 pension beneficiaries whose total pension income in the amount of 2,000.01 kuna to 3,000 kuna, 600 kuna will be paid out once, for which 14,261,400 kuna has been provided

- For 16,007 beneficiaries with a total pension income of 3,000.01 kuna to 4,000 kuna, a one-time payment of 400 kuna will be paid, for which 6,402,800 kuna has been provided

It's worth reminding you that the decision of the Croatian Government on the payment of Croatian pension Covid supplements to mitigate the consequences caused by the pandemic on the 14th of April 2021 regulated the payment of one-time cash benefits provided that their pension doesn't exceed the amount of 4,000 kuna. 

The same goes for beneficiaries who are paid a pension from abroad in addition to the pension earned here in Croatia. They will receive the supplement as long as their total pension income from Croatia and abroad doesn't exceed 4,000 kuna per month.

Beneficiaries who receive part of their pension from abroad for the payment of the Croatian pension Covid supplement were required to submit proof of the amount they receive per month to the Croatian Pension Insurance Institute by the 30th of June 2021. 

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