The National Bank of Serbia published a clarification following reports that the Pension and Disability Insurance Fund’s account had been blocked for two days, stating that the account used for pension payments is exempt from forced collection and has operated without interruption. It explained that the temporarily blocked account was used for other Fund transactions and that any short-term discrepancies in redirecting funds or receiving Treasury Administration emails did not affect the regular payment of pensions. The National Bank of Serbia outlined that its Enforced Collection Sector records enforcement decisions received from public bailiffs and notifies the Treasury Administration by email to block the debtor’s accounts holding funds subject to enforcement. The Treasury Administration must then block the accounts and promptly send the National Bank of Serbia the account balance information via a prescribed electronic message so enforced collection orders can be forwarded for execution; without this balance information, the National Bank of Serbia cannot forward the orders. In this case, the blocking message was sent to the Treasury Administration on 1 April 2025 at 11:46 a.m., the balance information was received on 3 April 2025, and forced collection was then executed and the account unblocked.
National Bank of Serbia 2025-04-03
National Bank of Serbia confirms Pension and Disability Insurance Fund pension payment account was not affected by enforced collection
The National Bank of Serbia clarified that the Pension and Disability Insurance Fund's account for pension payments was exempt from forced collection and operated without interruption despite reports of a two-day block. The temporarily blocked account was used for other transactions, and discrepancies did not affect pension payments. The bank noted delays in receiving account balance information from the Treasury Administration, impacting enforced collection orders.