Realisation of rights

Law on Pension and Disability Insurance specifies the following kinds of rights:

  • in case of old age – right to old-age pension;
  • in case of disability – right to disability pension;
  • in case of death: 

             - right to survivor pension;
             - right to funeral expenses compensation;

  • in case of physical damage caused by injury at work or professional illness – right to financial compensation for physical damage;
  • in case of the need for help and care by another person – right to financial compensation for help and care by another person.

Insured persons whether employees, self-employed or farmers exercise their pension and disability insurance rights in the Pension and Disability Fund of Serbia and the Province Fund as the Fund’s organizational unit.

Compulsory insurance includes professional army servicemen as a category of employed persons. As of January 1 2012, they will exercise their rights under special conditions specified by the new law.

The procedure for exercising the pension and disability insurance rights is initiated at the client's request submitted to the appropriate branch, i.e. branch covering the place of last insurance or the client’s place of residence, along with the accompanying documentation.

The procedure for exercising the disability insurance rights is initiated by the Fund at the insurant’s request and based on the disability opinion given by the personal physician.

The procedure for exercising the right to financial compensation for physical damage is initiated at the request of the insured person or user of rights, based on medical documentation, and also ex officio based on the expert body opinion given at disability review.

The procedure for exercising the right to financial compensation for the help and care by another person is granted to the insurant and pension user who requires help and care in performing basic life activities due to the nature and severity of their illness.

Change in the disability status (reassessment, follow-up) established by the final decision on disability pension grant is reviewed at the request of the insured person/user of rights or ex officio.

Within the Fund, in the first instance, the pension and disability insurance rights are decided on by the branch covering the insured person’s last place of employment/insurance. If the period between the termination of employment and the initiation of the exercise of rights procedure is longer than 12 months, the branch covering the applicant’s place of residence is in charge of the procedure.

Decision on pension and disability insurance rights according to international agreements is made by the Fund Directorate Sector Manager or Province Fund Sector Manager in the first instance, or by Branch Manager for former SFRY republics.

In the second instance, the decision on pension and disability insurance rights is made by the Fund Manager or the Province Fund Manager or the person appointed by such Manager.

TABULAR VIEW OF CONDITIONS (2014-2032)


Pension adjustment

Pension and financial compensations are adjusted from April 01 and October 01 in the current year based on statistical data to accommodate consumer prices in the Republic of Serbia in the last six months. April 01 pension adjustment may also include adjustment for GDP growth (if the calendar year actual GDP growth rate is above 4%, the pension is adjusted by the percentage corresponding to the sum of growth rate or consumer prices slump and percentage corresponding to the difference between actual GDP growth rate and the 4% rate.