economy

Big Pensioner Fraud in Banja Luka

The Director of the Pension and Disability Insurance Fund of Republika Srpska (PIO RS) Mladen Milić revealed how an incredible pension fraud occurred, costing the Fund 100,000 convertible marks, which is almost 50,000 euros.

Big Pensioner Fraud in Banja Luka

TL;DR

  • A pension fraud costing the PIO RS Fund 100,000 KM (approx. 50,000 EUR) occurred over 17 years.
  • The fraud involved a pensioner who died in the USA in 2008, but his pension was collected by his power of attorney and later her daughter.
  • The deception was only discovered in late 2025 after diplomatic channels were used to confirm the pensioner's death.
  • The daughter who continued to receive the payments is being held responsible and has been asked to repay the full amount in one installment.
  • New, stricter rules for pension payments via power of attorney have been implemented since May 1st.
  • As a result of the new rules, 129 pensioners who received payments via power of attorney have been completely excluded from payments for failing to provide proof of life.