Years of work before '94 are known, how to apply for pension? - Calculation/Benefit for individuals according to the companies where they worked
Over 30 thousand citizens will have their employment period before 1994 recognized, without the need to initiate legal proceedings due to damage to documentation.
The law, which aims to recognize as an insurance period, for pension purposes in the social security system, periods of employment in state institutions, former state enterprises, former agricultural enterprises and former agricultural cooperatives, has been published in the Official Gazette and enters into force in mid-March 2025.
According to the law, persons have the right to request recognition as a general insurance period, according to this law, when the right to request the assignment of a pension from social security arises.
For persons who have worked in state institutions and former state enterprises to benefit, they must have resided in the city and not have been serving a prison sentence as these years are not recognized as an insurance period. The employment period for the purpose of calculating the estimated pension base is taken with a reference salary of 3,288 lek and 4,110 lek according to the category of applicants.
Persons who worked in former agricultural cooperatives must have resided in the village where the former agricultural cooperative operated and must not have been convicted.
The same criteria apply to employees in former agricultural enterprises and in this case the reference salary for the insurance period, for the purpose of calculating the estimated pension base, will be 2,833 lek.
The recognition of periods of employment, according to this law, is made for pensions that have not been assigned until its entry into force, regardless of the date of reaching the age for benefit; as well as for pensions when the applicant has been assigned a pension from social security before the date of entry into force of this law and are under administrative review in the Regional Appeals Commission and the Central Appeals Commission at the Social Security Institute or in the trial process in court.
While periods of employment recognized by special laws, for pension purposes in the social security system, continue to be recognized as such and are not subject to treatment under this law.
Poll

How can the EU save 2.5 trillion euros on energy bills by 2040?!
47 million people in EU member states live in energy poverty. This means they don't have the money to heat their homes. Plus, businesses are complaining that......

Total loan portfolio "weighs" around 840.9 billion lekë/ Easing lending conditions increased lending to the economy by 13.5%
In recent years, the Albanian economy has experienced a significant increase in total credit, reflecting sustainable development and increased confidence in......

Exchange rate/ The US Dollar strengthens again. The Pound also recovers points!
The US dollar has gained points again this morning after compared to yesterday it was bought today for 94.2 lek and sold for 95.1 lek according to the local......

"Europe is shaped to destroy the US" - Trump vows to impose 25% tariffs on the EU!
US President Donald Trump held his first cabinet meeting of his second term on Wednesday, vowing to impose 25% tariffs on the European Union and claiming the......

Tariff threats for copper too? Trump launches investigations into its imports as global trade tensions heat up!
Copper could be the latest metal to be hit by US President Donald Trump's tariff threats. Trump has launched an investigation into copper imports, which......

Requalification of the entrance to Shkodra/ Government decisions: Over 402 million lek for expropriations!
During today's meeting of the Council of Ministers, the expropriations for public interest of the owners of real estate affected by the implementation of the......

Government decisions/ Chairman of the Commission for Water Supply and Wastewater Treatment appointed
The Council of Ministers has today appointed Gerta Lubonjë as the Chairperson of the National Regulatory Commission for the Water Supply and Wastewater......

How much money circulates at physical bank counters? - BoA: Cash transactions increased by 3.3% in 2024
Despite the fact that electronic payments via cards and bank applications increased last year, it seems that transactions at physical bank counters have......