As of today, the full benefit retirement age for men has increased to 63 years for men to 58½ years for women, and the length of contributory periods has increased to 34 and 31 years, respectively. Both men and women are entitled to limited pensions upon reaching a contributory period of at least 15 years.
The National Social Insurance Company (CNAS) has recalled that increasing the standard pension age and the contributory period is a gradual process initiated by the 2017 amendments to the Law on the Public Pension System.
In this process, the retirement age for women rises each year by six months until it reaches 63 years on 1 July 2028. The goal for the contributory period of 34 years will be reached on 1 July 2024.
Women with 5 children or more get 3 years subtracted from the standard retirement age.
Beginning with 1 April 2017, applicants for pensions are no longer required to produce salary certificates for periods of employment before 1 January 1999. Pensions are calculated only based on the insured income earned after that date, as reflected in the personal account in the CNAS database. When establishing pensions, the aggregate contributory period is considered, as reflected in the employment record book and in the CNAS personal account.
Applications for retirement age pensions are to be submitted to the relevant CNAS subdivision within 30 days of reaching retirement age. Requesting pensions after this deadline is still possible, but the process takes longer.
