It is an early retirement pension paid monthly to insured employees who is covered undert the Social Insurance Law and has reached the age of 45 and completed the contribution period that qualifies for this type of pension. This pension is deducted by percentage based on the age of the insured employee at the time of submitting the payment application.

Entitlement requirements:

• The insured has reached 45 years of age at the minimum.
• The service period is not less than (20) years for male and (15) years for female.
• The insured does not receive another pension from any other government unit.

Calculation Method

3%x Average gross salary of the last five years x Number of full contributions years under the insurance scheme

The pension is deducted at a percentage estimated based on the age of the insured according to the following table:

Documents

• Payment application.
• Copy of the identity document(Valid Identity Card).
• Copy of original document indicating the account number.

The entitlement to the death pension is a result of PASI’s interest in providing decent and stable life for the families of any insured employee after his/her death. Consequently, in case of the death of the insured employee, the family members shall inform PASI of the death so that it can pay the pension at the soonest.

Entitlement requirements

• The deceased should have completed at least six consecutive months of contributions just before the occurrence of death or (12) non-consecutive months out of which (3) months at least should be consecutive just before the occurrence of death.
• The insured does not receive another pension from any other government unit.
• The death should have occurred during the employment of the deceased or within one year as of the date of end of service.
• There are beneficiaries entitled to this benefit in accordance with the law.

Calculation

3%x Average gross salary of the last five years x Numbers of contribution years Or 50% of the last gross salary, whichever is higher.

Documents

• Copy of the original death certificate.
• Copy of the original legal notification of entitled heirs.
• Copy of the original legal power of attorney of the beneficiaries.
• Application for payment of a deceased employee's dues.
• Copies of the original Identity documents of the beneficiaries and the legal representative(s).

The social insurance law made this type of pension available for any insured employee if his health prevents him from performing his job.

Entitlement requirements

• The age of the insured employee is less than 60 years for males or 55 years for females.
• The insured should have completed at least six consecutive months of contributions just before the occurrence of disability or (12) non-consecutive months out of which (3) months at least should be consecutive just before the occurrence of disability.
• The insured does not receive another pension from any other government unit.
• The non-occupational disability is proven by a certificate issued by the competent medical committee.

Calculation Method

3% x Average gross salary of the last five years x Numbers of subscription years Or 50% of the last gross salary, whichever is higher.