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Croatian women to go into old age retirement at 65 as of 2030

ZAGREB, Oct 22 (Hina) - The Croatian parliament on Friday amended the pension insurance legislation, which now mandates that as of 2030, women shall go into old age retirement at 65 years of age just as men.

The amended legislation, supported by a majority vote, also envisages a 20-year transitional period for the gradual equation of old age retirement for both genders.

Lawmakers amended the legislation on mandatory and voluntary pension funds, reducing subsidies from the state budget paid into voluntary pension funds in correlation with contributions from individual fund members. The grants may not exceed HRK 5000 per fund member in one calendar year.

The Sabor adopted the constitutional law on the implementation of the constitution for six-month adjustment of laws with the constitutional amendments passed this June.

MPs adopted a package of laws on merger and rationalisation of various state agencies, funds and other public bodies, as a result of which the Trade and Investment Promotion Agency was dissolved and its responsibilities were taken over by the Economy Ministry.

MPs ratified an agreement on guarantees between Croatia and the European Bank for Reconstruction and Development for a project for the modernisation of the seaport of Sibenik.

Parliament will continue its session on Wednesday with a discussion on the motion proposed by the Opposition for a no-confidence vote in Prime Minister Jadranka Kosor.

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