Croatia is set to pass an important pension insurance law introducing a new formula for pension adjustments twice a year, increasing the lowest and disability pensions, introducing an annual pension supplement known as the 13th pension, and abolishing penalties for early retirement. The law also allows pensioners to work full-time while receiving 50% of their pension. These changes are part of a broader reform that includes recognizing additional service time for mothers for each child born or adopted. Lawmakers will debate the final draft, which is expected to come into effect on July 1.
Political Perspectives:
Left: Left-leaning outlets emphasize the social benefits of the new pension law, highlighting increased support for vulnerable groups such as low-income and disabled pensioners, and the recognition of motherhood through additional pension credits. They frame the law as a positive step towards social justice and improved welfare for retirees.
Center: Centrist sources report the pension law in a balanced manner, focusing on the technical details of the pension adjustment formula, the introduction of the 13th pension, and the abolition of early retirement penalties. They present the law as a necessary reform to modernize the pension system and ensure sustainability.
Right: Right-leaning media stress the economic and fiscal responsibility aspects of the pension reform, highlighting the formula for pension adjustments and the incentives for pensioners to continue working. They may also emphasize the importance of aligning with EU and OECD standards and the benefits of liberalizing labor and capital movement.