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140,000 Slovak Retirees Receive Pensions Over €1,000 as Analyst Questions Thirteenth Pension Affordability

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Nearly 140,000 Slovak pensioners receive monthly pensions exceeding €1,000, raising questions about the country's ability to fund additional pension benefits. Analyst Radovan Ďurana has called for necessary reforms to the pension system, highlighting concerns about the sustainability of Slovakia's thirteenth pension payments. The thirteenth pension is an additional annual payment that Slovakia introduced as a supplementary benefit for retirees, but its financing has become increasingly challenging as pension costs rise. Slovakia's pension system faces mounting pressure from demographic changes and rising benefit obligations, with higher-income retirees receiving substantial monthly payments that strain the overall budget for pension expenditures.

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