4 hours agoFMI goes against attracting 10% of pensions from Pension Fund
Periskopi(6 years ago)
(6 years ago)The International Monetary Fund has come up against the withdrawal of 10 per cent from the Pension Savings Fund. According to the IMF, attracting this money reduces future pensions and limits the size of the internal capital market. “should avoid creating additional pension benefits, on existing schemes, without an analysis of the actual sustainability of existing benefits. Also, [...]
“should avoid creating additional pension benefits, on existing schemes, without an analysis of the actual sustainability of existing benefits. Also, the proposed withdrawal of 10 percent of pension savings from the Kosovo Pension Savings Trust (TKPK) undermines the thrust 2, reduces future pensions and limits the size of the internal capital market, which has been the essential source of budget financing”, the report says.
Otherwise, yesterday has failed for the sixth time the passage of the Economic Recovery Bill.
The vote on this bill would enable citizens to contribute 10 per cent of the means from their account to the Kosovo Pension Savings Fund.
