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Glossary

Garantipension

Guarantee pension (garantipension) is a central government basic protection for someone who has had low or no work income during life. It is meant to give a basic level in the finances for the one whose income-based pension turns out small or fails to appear. Since it is a state protection, the rules are decided at the national level, and the pension is paid out by the state to the one who meets the conditions.

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