AOV/AWW pension increase payment
The increase* of AOV pension benefits as per July 1st, 2020 will be included as a retroactive payment in the February 2021 payroll.
Depending on the bank of the pensioner, payments can be expected as soon as the last week in January. The delay in processing of the pension increase was due to the switch to the new pension registration system of SZV.
The retroactive payment will consist of the difference between the old pension amount and the new pension amount as per July 1st, 2020. This is for the months of July 2020 – December 2020, the Christmas Bonus of December 2020 and January 2021.
The new AOV/AWW pension amounts are available online on www.szv.sx on the Wage Limits and Premiums page.
*Article I Landsverordening verhoging AOV-pensioen en pensioenleeftijd tot 65 jaar (AB 2020, no. 44).
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