PENSION SHOCK IN SERBIA! Only 72 live like 'gentlemen', while hundreds of thousands survive on crumbs

PENSION SHOCK IN SERBIA! Only 72 live like ‘gentlemen’, while hundreds of thousands survive on crumbs In Serbia, over 1.65 million people receive pensions, with approximately 59% living on or below the average pension of 50,000 dinars. Over 300,000 pensioners, predominantly agricultural workers and those with low earnings or incomplete work history, receive the minimum pension. Only 72 individuals receive the maximum pension of 230,145 dinars monthly, with about 5.2% of pensioners earning over 100,000 dinars.

• Over 1.65 million people receive pensions in Serbia.
• Around 59% of pensioners earn at or below the average pension of 50,000 dinars.
• More than 300,000 pensioners receive the minimum pension, with agricultural pensioners being a significant portion.
• Only 72 individuals receive the maximum pension of 230,145 dinars.
• Legislation limits pension calculations, capping the personal coefficient at 3.8 and considering a maximum of 45 years of service.
• The maximum pension is legally capped, with current limits preventing it from exceeding 286,368.57 dinars monthly.
• These limitations are in place to ensure the stability and sustainability of the pension system, though critics argue they don’t fully reflect individual contributions.