INVALIDITY AND OLD-AGE

INVALIDITY AND OLD-AGE
Objective, protection and conditions to grant the pension
(Convergent Social Protection Scheme)

» Objective and materialization of the protection in the invalidity and old-age

Ensuring a substitutive benefit of the lost work income, when the beneficiary is under a situation of:

- Permanent incapacity for the fulfillment of his/hers functions or of any work, for non-professional cause - invalidity

- When reaches the age legally presumed as appropriate for terminating the professional activity - old-age

» It is materialized through the lifetime grant of the retirement pension, paid by the Public Employee General Pension Scheme - (CGA)

» Conditions to grant the retirement pension

Common to invalidity and old-age

» Affiliation to CGA

» Payment of contributions or equivalent situation to the entry of contributions

» Compliance with a minimum period of work

» in the case of absolute or general absolute incapacity (invalidity), of 5 or 3 years, respectively

» in the case of old-age:

- of 15 consecutive or interpolated calendar years

Calculation of the length of service

» Retirement Statute rule - 1 year (not calendar year) corresponds to12 months of fulfilment of functions (payment of contributions) or equivalent situation

» Social Security General Scheme rule - 1 calendar year provided that there are, at least, 120 days with compensation registration or equivalent situation – number of contributions paid in each calendar year

» The minimum period of work may be completed by recourse to the total contribution periods for social security institutions, provided that they are not overlapped

» Conditions to grant the retirement pension

Specific of invalidity

» Absolute invalidity – certification by the CGA Medical Committee, of the permanent and absolute incapacity for the fulfillment of the beneficiary’s function

» General absolute invalidity – certification by the CGA Medical Committee, of permanent and absolute incapacity for a profession or work of any kind whatsoever

Specific of the old-age

» Equal age to 66 years, in 2016

Retirement special schemes

Determined staff groups with working conditions of particular importance due to their hazardous nature, that include the right to the use and possession of a weapon, have different conditions of access to retirement provided for in the law