1) an old age pension

13.1 Old Age Pension Grants

Upon reaching the retirement age the disability pension is substituted by the old age pension that must be not less than the disability pension during the disability period.

Old age pension under the retirement, cessation of employment at an advanced age and old age scheme.

As the survivor's pension is calculated on the basis of the possible old age pension, the range of insured persons is analogous to the state pension insurance (see old age pensions).

The payment of the disability pension is provided for the whole disability period until the person reaches the retirement age required for the old age pension.

The survivor's pension for one child has been established in the amount of 50 of the provider's possible old age pension, for two children 75 , for three and more children 90 of the provider's possible old age pension.

The obligatory age for men retiring is the same it is 65 years of age or 40 years of pension seniority, while the voluntary age for men retiring is 65 and 20 years of pension seniority.

The third tier of the pension system is the voluntary private pension scheme, i.e., private pension funds, where everyone can participate and accrue additional resources for his her pension in old age.

Old age pension The development of a new pension system was one of the main elements of the social security reform.

Raising the retirement age for future pension benefits qualifies as such a mechanism.

There is unlikely to be a pension or a retirement age in 2030.

Persons who have reached the retirement age pursuant to the Law On State Pensions of 2 November 1995, as participants of the pension scheme have the right to the old age pension.

In addition, the right to a preferential pension with a pension age lower by five years is enjoyed by the following women

Law 3029 2002 modernized old age pension schemes and abolished any existing gender based differentiation in old age social protection.

Pension in respect of cessation of employment at an advanced age under the retirement, cessation of employment at an advanced age and old age scheme.

The survivor's pension for children, who have lost both parents, is calculated taking into account the possible old age pension of both parents.

The amount of the pension will be equal to that of an early retirement pension on rounds of age or length of service.

Only 15 per cent of the working age population pays into the pension system.

A pension is paid to both men and women over the age of 60 years.

In Republika Srpska, the right to pension is achieved at the age of 55 (man), that is, at the age of 50 (woman).

Single men and women receive the same amount of pension on reaching the age of 60.

Women who have given birth to and raised five children or more also enjoy the right to a pension with a pension age lower by five years.

The survivor's pension is paid on a monthly basis, and the amount of pension is calculated on the basis of the provider's possible old age pension, assuming that the respective person would have continued to work till the retirement age prescribed by the Law On State Pensions and would have continued to make contributions towards pension within the previous amounts.

In Republika Srpska, the right to a pension is acquired by men at 55 years of age or by women when 50 years of age.

Since 1997, the general old age pension has been modified and now benefits both men and women.

In relation to the age of entitlement to a State pension, the Government was considering the matter.

Persons disabled under age 30, by illness or job injury, acquire the right to disability pension if their pension seniority covers at least one third of their work life expectancy.

Regarding retirement age the combined 3rd and 4th report has touched upon the matter of retirement age for men and women, and has suggested that the pension policy be revised.

For the elderly old age pension In cases of disability disability pension, training or additional training and reassignment and the right to financial compensation on the basis of the right to training while waiting for a new assignment In cases of death of the insured, the beneficiary of personal pension receives a family pension.

The US Pension Protection Act of 2006 encourages employers to enroll employees automatically in a personal saving plan for old age.

A majority of today s French recognize that raising the retirement age is necessary to ensure the survival of the pension system.

Eligibility is based on age and citizenship residency, and almost always on means such as income, assets or other pension income.

In order to minimise the differentiation of elderly poor persons, the minimum amount of the old age pension has been increased.

Under the given Law, women and men who have reached the age of 62 and whose insurance period is not less than 10 years are entitled to the old age pension.

The operation of the pension scheme of the first tier is based on insurance principles the pension amount is based on the notional pension capital that has been accrued during the person's working life, i.e., information about contribution payments made for pension insurance that is divided by the projected life expectancy at the respective age upon retirement.

This gives a possibility to acquire additional pension capital without increasing the total social insurance contribution payment rate for old age pensions, thus ensuring a higher income substitution level in old age.

Also, at least 25 per cent of the poor are over 60 years of age and have no right to a pension.

(For purposes of pension benefits and pension contributions)

In addition to the State Pension Insurance Act, the Funded Pensions Act has been in force since 2004, with the purpose of creating the opportunity for persons who have made contributions to a funded pension to receive additional income besides the state pension insurance after reaching retirement age.

In their turn, children, sisters, brothers, grandchildren of the deceased provider, acquire the right to the pension, irrespective of their age, if they have been disabled prior to reaching the age of 18.

Also, a basic social pension and the protection of pension rights could provide support for the elderly, especially in low income countries, where their nutritional status was threatened by poverty, onerous family responsibilities and age related disabilities.

13.1 Old age pension grants are an important source of income for poor households.Women find traditional approaches to maintenance under customary law inadequate.

On social security, the representative stated that the Government was committed to the equalization of the state pension age for men and women.

Then, a few years later, her father died at the age of 59, five days before he was due to receive his pension.