Personal retirement planning is one of life's most important financial decisions. In order to facilitate the strengthening of citizens' financial and pension literacy, REGOS has established the “My Pension” portal in cooperation with the Croatian Pension Insurance Institute (HZMO) and with the advisory support of the World Bank.
The My Pension portal ensures complete transparency and availability of information for citizens under the pension insurance system in the Republic of Croatia and enables them to plan their financial future by consulting the projections of the amount of the future pensions starting from their very first entry into the labor market.
My Pension portal consists of two parts:
- An anonymous pension calculator accessed via the mojamirovina.hr website and
- A personalized pension calculator accessed through the e-Citizens system using valid credentials.
The anonymous pension calculator shows the expected net amount of the retirement pension in three economic scenarios (reduced prospects, realistic prospects and increased prospects).
The personalized pension calculator that displays an informative pension calculation based on your actual data on period of service and wages kept by HZMO and REGOS, as well as additional projections of the future amount of the pension based on changes in the parameters that affect the level of pension benefits from the first employment. Three simulations of future pension amounts are shown: A, B and C.
- Simulation A - what would my pension be if I were to retire now
- Simulation B - what would my pension be if I had the same income until I became entitled to a pension
- Simulation C - what would my pension be if I took into account the expected growth of income until retirement
The pension amounts shown are only an informative projection that depends on many assumptions and presumes that you will be permanently employed full-time until retirement. Actual developments may differ from the assumed ones. The presented results cannot be the basis for exercising pension rights.
The platform also allows users to download to their computers a detailed tabular display of all the data which serves as the basis for calculating the projected amount of pension, so that insured persons can view the data concerning them which is kept in the pension insurance system at any time and in a simple way. In this way, citizens can also notice any possible deficiencies in the entered data regarding their period of service and paid contributions and take timely action to update or supplement the said data if necessary.
Users can get all additional information about the use of the portal through our contacts or in person at one of the four Pension Information Centers in Zagreb, Split, Rijeka and Osijek.