From January 2025, the parental pension was changed to the allocation of a share of the tax paid. It will be paid for the first time in 2026 on the basis of the tax return for the year 2025 and the data provided to the Social Insurance Company (SP) by the Financial Directorate of the Slovak Republic. Children will be able to remit to each parent who is a pension recipient a share of the tax paid in the amount of 2%, i.e. 2% to the mother and 2% to the father. Sociálna poisťovňa informed about this in the answers to the most frequent questions of clients.
- From January 2025, the parental pension will be changed to a tax allocation.
- It will be paid for the first time in 2026 based on the 2025 tax return.
- Children can remit 2% of their tax paid to each parent.
- The allocation is paid by Social Insurance on the basis of data from the Financial Directorate.
- The assignment cannot be transferred to other relatives and expires upon the death of the parent.
The insurance company emphasized that it pays the assignment, as it is required by law, and at the same time it has at its disposal the list of authorized persons and data on the method of pension payment. “The social insurance company is obliged to pay the share of the tax paid in the same way as it pays the pension,” she stated.
According to the insurance company, the recipient of an old-age pension, as well as the recipient of a disability pension, is entitled to the assignment if it is paid after reaching retirement age. It does not apply to recipients of an early old-age pension before reaching retirement age or to recipients of survivor’s pensions only, such as a widow’s pension.
The payment date in 2026 will depend on the submission of a tax return or declaration and on the delivery of data to the Social Insurance Company by the Financial Directorate of the Slovak Republic. If the tax return is filed by March 31, 2026, the insurance company will pay the assignment by August 31, 2026 at the latest. In the case of a deferred tax return, the payment will take place later, after the data has been processed and delivered.
SP pointed out that the pension recipient does not apply for allocation. Payment is possible if the child states in the tax return or statement that he wants to remit 2% of the tax to the parent, and the legal conditions are met. The insurance company also does not make a decision on assignment, as it is not a social insurance benefit. Questions about determining the amount should be directed to the Financial Directorate of the Slovak Republic.
The allocation cannot be transferred to other relatives, such as grandparents or in-laws, or to parents who do not receive the relevant pension. It expires upon the death of the parent and does not pass to other persons or in inheritance proceedings.
