economy

March 27, 2026

Historic Pension Growth Continues: New Calculation Brings Fatter Wallets for Over 700,000 Citizens

In light of continuous pension adjustments with wage growth, state leaders and the Pension and Disability Insurance Fund (PIO) announce a new set of measures aimed at improving the living standards of the oldest citizens.

Historic Pension Growth Continues: New Calculation Brings Fatter Wallets for Over 700,000 Citizens

TL;DR

  • New measures will increase pensions for over 700,000 citizens, focusing on reducing inequality.
  • Real pension growth has exceeded inflation, with current average pensions at €485.
  • Plans 'Serbia 2027' and 'Serbia 2030' aim for an average pension of €750 and an average salary of €1,700 by 2027.
  • A special calculation method or additional payments are planned for pensioners earning below 40,000 or 45,000 dinars.
  • This measure will benefit between 706,000 and 707,000 pensioners with the lowest incomes.
  • Solidarity aid packages are being distributed to pensioners with incomes not exceeding 34,201.32 dinars.
  • 1.4 billion dinars are allocated for spa recovery and solidarity aid packages in 2025.
  • Approximately 1.6 million pensioners are currently registered in Serbia.