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PIO Fund announces process for claiming pension difference to reach minimum pension in Montenegro

The Pension and Disability Insurance Fund (PIO) has informed users of proportional pensions that it is necessary to submit a request to the relevant...

Pensions and allowances in Montenegro to increase by 6.85% starting January 2025

The Management Board of the Pension and Disability Insurance Fund (PIO) of Montenegro made a series of decisions regarding pension adjustments during its meeting...

Montenegro’s Pension Fund faces deficit amid pension adjustments and economic changes

The Pension and Disability Insurance Fund (PIO) in Montenegro reported a deficit of €189.82 million for the first 11 months of 2024, with an...

Montenegro’s Voluntary Pension Fund Law: A step towards financial security for retirees

The Proposal for the Law on Voluntary Pension Funds aims to establish a system for individuals to save for their retirement, ensuring a more...
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Montenegro’s pension system: Adjustments, budget outlook and digital transformation plans for 2025

Pensions in Montenegro are adjusted three times a year – on January 1, May 1, and September 1 – based on changes in wages...

No concerns about pension payments and adjustments

There are no concerns regarding challenges in pension payments and their regular adjustments, stated Damir Gutić, the Minister of Social Care, Family and Demographics....
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