In this article, we aim to provide detailed information about pensions in Slovakia to help pensioners understand how their pensions are paid and what options they have when receiving them. In the text below, the Social Insurance Institution answers the most common questions about pensions.

How is the pension paid and to whom?

The pension may be paid not only to the recipient himself, but also to a legal guardian, a person responsible for a dependent child, the statutory representative of the establishment or a special recipient.

When is the pension paid?

Pensions are paid in advance for each month. For example, if you receive your pension on 20 January, this is for the period from 20 January to 19 February .

What are the pension payment options?

You can choose to have your pension sent to your bank account, paid in cash, sent to your spouse’s account, to a social services institution or to a religious order.

Can the pension be transferred to a spouse’s account?

Yes, if you make a written request and have the right to dispose of the funds in this account, your pension can be sent to your spouse’s account.

Can I change the way my pension is paid?

Yes, you can request a change in writing or in person at the Social Insurance Office. To apply for a pension payment on account, use the forms available on the Social Insurance Institution’s website and in their branches.

How long does it take to change the way my pension is paid?

The change shall be made no later than three months after the application has been submitted. For example, if you applyon 10 January, your pension will be paid in the new way from 20 April at the latest .

What are the most important responsibilities of a pension recipient?

Each pension recipient must notify a change of address in writing. Other obligations depend on the type of pension, for example:

• In the case of early retirement, you must report the commencement or termination of compulsory pension insurance.
• Disabled pensioners must have medical check-ups.
• Widows and widowers must report a change in status or termination of care of a dependent child.
• Recipients of the orphan’s pension must report the completion or interruption of their studies.

Do I need proof of residence if I receive a pension from the Czech Republic?

Yes, but as of 2022, proof of residence will only be submitted to the Czech Social Security Administration once a year. Transparent pension information provides important resources for making the right decisions. Be sure to contact the Social Insurance Administration for the most up-to-date information and forms you need to ensure your needs are met. You can ask the Social Security Administration questions by calling the toll-free number 0800 123 123, via the Enquiry Form on their website, or in person at their offices.