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The system is based on a graduated payment phase where each individual pays proportionately less as his/her cost of medicine increases within a 12 month period.
The right to an old-age pension is generally created at the age of 67. The right is intended to begin on the first day of the month following the 67th birthday.
Payments received for providing care in the home are generally considered taxable income, although it may be possible to claim deductions against them.