economy
PIO Fund Announces New Rules: Here's Who Can Retire Earlier Now
Regarding the new Rulebook and the procedure for calculating seniority with increased duration for a specific workplace with an employer, the Republican Pension and Disability Insurance Fund (PIO Fund) explains.
TL;DR
- Amendments to the Rulebook on workplaces with increased insurance duration calculation have come into force.
- Changes are primarily for ferrous metallurgy and healthcare, with possibilities for other sectors.
- The process requires expert documentation, field assessments by a commission, and official recognition by the PIO Fund.
- Recognition of specific workplaces with an employer is necessary for paying contributions based on beneficial seniority.
- Beneficial seniority can only be determined from the effective date of the Rulebook, even if the workplace existed earlier.