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Pension and Old Age Allowance To qualify for...

Pension and Old Age Allowance

To qualify for the Old Age Pension the following conditions must be fulfilled :
- have reached the statutory retirement age ;
- have been registered with the pension scheme for at least 15 years ;
- have completed at least 60 months of insurance during the last ten years preceding the date of eligibility for the pension.

However, an insured person who fulfills the first two conditions will be entitled to a continuous old-age pension.

Old-age allowance

An insured person who has at least 12 months of insurance and who has reached the age of admission to the old-age pension but does not fulfill the other conditions in order to qualify for an old-age pension, an old-age pension in the form of a single payment.

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