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Serbian unions propose ending early-retirement pension penalties at age 65

Unions want pension deductions for early retirement to end at age 65, but no change to Serbian law has been enacted.

Trade unions in Serbia are seeking to end permanent pension reductions for people who retired early once they turn 65. Around 100,000 people currently receive reduced early-retirement pensions, according to an RTS report published on November 11, 2026. No legislative change has been adopted.

Why the unions want reform

The Confederation of Autonomous Trade Unions of Serbia argues that many workers had little choice but to retire early after losing their jobs or developing health problems. Its president, Zoran Mihajlović, said the organisation intends to raise the issue again at the Social and Economic Council following the formation of a new government.

Costs and concerns

The Serbian Employers’ Union supports discussing the proposal, while warning that completely abolishing early-retirement penalties could affect the labour market. An estimate cited by RTS places the potential annual cost to the pension insurance fund at about €100 million. This is an estimate, not an approved spending commitment.

People already receiving pensions should not interpret the proposal as an immediate benefit increase. Existing rules remain in effect unless amended. For individual entitlements, consult Serbia’s Republic Pension and Disability Insurance Fund (PIO).

Source: RTS, 11.11.2026.

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