This Social Security He made a statement to clarify the doubts that arose among retirees about him. probability of their pension related to pension. It is important to understand the differences between a pension suspension, foreclosure and permanent withdrawal.
First of all, it is important to consider that the pension cannot be waived by the beneficiary. Under the General Social Security Law, all benefits provided by the Social Security System cannot be waived.. Any attempt to waive any rights under current Social Security legislation will be deemed void.
When will the pension be cut?
SSI has temporarily suspend pension and even seize in certain situations. However, it should be noted that The pension cannot be fully withdrawn.
There are certain reasons why Social Security may temporarily suspend a pension. One of these lack of communication about any changes or modifications to personal, economic or financial data. It is obligatory to keep this information up-to-date in SGK records, and beneficiaries who do not comply with this obligation within the specified period may face consequences such as cutting their salaries or fines.
It is worth emphasizing that pension suspension is temporary and when the retiree provides the necessary documents, Social Security will reimburse the pension.
Another mandatory procedure for retirees residing abroad is the delivery of a life certificate. This document should usually be submitted in the first quarter of the year.
Decoration of pensions
when it comes retirement pension embellishmentit is possible to seize it only if it exceeds the Interprofessional Minimum Wage (SMI). Currently, the SMI stands at 1,080 euros gross per month, so any pension below this amount is considered undeliverable. For pensions exceeding the SMI, an embargo percentage will be applied according to a set scale. This rate ranges from 30% to 90% depending on income range for those who have passed the sixth SMI.
A 10% to 15% discount can be applied at the determined rates for retirees who have family responsibilities and debts to the administration.
SSI emphasizes the importance of following the necessary procedures and communication in order to ensure the continuity of the pension and to prevent problems or sanctions.