1.4m euros in Trust are without owners

1.4m euros in Trust are without owners

Over 1m euros of Kosovo workers have remained without owners in the Pension Savings Trust accounts. These tools are not known to whom they are after employers have paid their contributions without telling the employee's names. In recent years these tools are being poured into Kosovo's budget. Does Demi live, a spokesman for the Savings Trust. [...]

These tools are not known to whom they are after employers have paid their contributions without telling the employee's names. In recent years these tools are being poured into Kosovo's budget.

Does Demi, spokesperson at the Kosovo Pension Savings Trust, told the news.net that by 30.09.2019 the tools for which the FKPK has no information about who it belongs to was 1,43m euros or how much 0.08% of the tools under management.

The money is paid by employers through the ATK statement. For other details on payment and reporting pension contributions, you can turn to him ATK, which is the institution with the responsibility of collecting pension contributions”, added Demi away.

This money will probably pass into Kosovo's budget. This, as the government had withdrawn 1.2m euros from the Trust last year. This decision was made at the Kosovo Government meeting.

The law authorises the Pension Savings Fund to transfer these unannounced means to the Kosovo budget. And that, for contributions that have been through the 6-year period, and for which the Fund has exhausted all opportunities to identify and announce them.

These vehicles have been paid through the Kosovo Tax Administration at the Pension Savings Fund for the period October 2011-December 2012. These tools are paid in the name of pension contributions, but for which the information needed has not been sent. Name, last name, personal number, period they're paid for and reasons why. There are many cases when employers pay incorrectly.

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