The monthly retirement allowance provides additional income for foreign residents who have been living in Monaco for at least five years, are over 65 (or 60 if unable to work) and whose income is below a certain threshold.
Understanding the process
The monthly retirement allowance is a form of complementary income support. The allowance may be paid in full or in instalments.
To be eligible for this allowance you must:
- Be of non-Monegasque nationality and have been residing in the Principality on a continuous and regular basis for at least five years at the time of submitting their application (Monegasque nationals fall under the State Benefits for the Elderly dealt with by Monaco Town Hall)
- Be over 65 years of age or at least 60 years of age for persons declared unfit for work
- Have a level of income that does not exceed the limit determined annually by Ministerial Decree
The beneficiaries of minimum old-age pensions living at home may benefit from supplementary social allowances in particular in the form of tickets for services and an annual heating allowance.
They may benefit from a housing allowance provided they have lived in the national territory for at least fifteen years at the time of making their application.
To collate your application for the monthly retirement allowance, please gather the documents listed below:
- The request form duly completed and signed:
- A copy of the residence permit
- Applicant's family civil status form or a copy of family record booklet
- A residence certificate to be obtained from the Police Department
- Bank account or post office bank account details
- A declaration of all sources of income received by the applicant and their spouse covering the last twelve months or a Sworn Statement declaring no income:
- Proof of income received over the last twelve months, to be provided by each of the relevant authorities: main and supplementary retirement pension, widow's pension, disability allowance, accident annuity, rental income, life annuities, income from life insurance policies, spousal maintenance, child maintenance or any other form of income
Please note: bank statements are not accepted - Bank certificates issued by all banks with which accounts are held by the applicant and their spouse:
- The latest statement of account for the life insurance policy, where applicable
- The latest statement of account for the funeral insurance policy, where applicable
- A copy of property deeds or certificates of ownership issued by the notary
- A copy of the legal guardianship order for the applicant and/or their spouse, where applicable
- A declaration from the applicant and/or their spouse summarising each bank account held with each bank:
- The attached “recours sur succession” form, duly completed and signed:
- A medical certificate confirming incapacity for work for those under the age of 65
- Proof of additional income:
- A Sworn Statement:
Please note: this list is not exhaustive. Additional supporting documents may be requested during the application process.
Once all the supporting documents have been collated and the application form is fully complete, you can submit your application to the Division de l'Aide Sociale Financière (Financial Social Support Office), 23 Avenue Albert II.
Files
See also
See also
Administrative contact
23 avenue Albert II
BP 609
MC 98013 MONACO
Opening hours :
from 9.30am to 5.00pm from Monday to Friday
Phone :
Administrative contact
23 avenue Albert II
BP 609
MC 98013 MONACO
Opening hours :
from 9.30am to 5.00pm from Monday to Friday
Phone :