Pitfalls hidden in the implementation of the successive insurance reveals it Labor Institute GSEEthrough a detailed guide to the institution, which in practice was abolished in 2016, when it was decided to combine all funds into EFKA. It is an institution that has remained known mainly for the delay seen even today in the processing of an application for a pension in case of insurance in more than one fund, but it creates Problems and in terms of insurance.

For example, as explained by INE GSEE, we are talking about insurance carried out up to 12/31/2016 in consecutive periods and in different bodies, sectors or accounts that have joined EFKA. Since 2017, parallel insurance has been applied.

Also, the provisions on succession apply only upon the occurrence of the insured risk, i.e. old age, disability or death.

Caution is also required with regard to the period of insurance, since the provisions explicitly state that it is not possible to count the part of the period of insurance that has passed in an institution, sector, account or branch. In other words, the total time must be taken into account.

And, of course, you need to know that the subsequent insurance must be declared when applying for a pension in the latter institution. And this is because it affects both the basis of pension law and the amount of the compensatory and national pension due, which is calculated based on the completed (and declared) insurance period in all institutions.

As the GSEE Labor Institute emphasizes in its guidance, the use of successive insurance provisions is not mandatory for terms completed before 12/31/2016. However, to partially exercise the right, i.e. it is not possible to count only a part of the time spent in insurance of each registered person.

In order to award a pension on the basis of the sequential insurance provisions, the insured in the insurance of the last member of the e-EFKA institution must carry out:

• For old-age pension, a total of 1,000 days of insurance, of which 300 days are in the last five years before applying for a pension or before the insurance ends. To meet these time requirements, the time of actual insurance, the time of voluntary insurance and the time of military service, if acquired as fictitious time, are taken into account.

• To receive a disability or death pension, 600 days of insurance at any time prior to termination of activity or employment or application for a pension or the occurrence of an insured risk for a disability or death pension and the provisions of the law, the last participant is met by the operator for the entire duration of the successive insurance.

If the insured person has not worked the above number of working days or has worked them, but does not meet the conditions required by the legislation of the last institution, then his application is sent to the institution in whose insurance he worked the longest period of insurance, except for the last one.