Trust: The execution of payments for citizens begins today

Trust: The execution of payments for citizens begins today

Kosovo's Pension Savings Fund has announced today that the execution of payments to beneficiaries begins. This has been made known in a news release from the Trust. After maximum effort by Trust staff, for payments to be carried out as soon as possible, we let you know that today, during the day, the execution of payments begins for [...]

This has been made known in a news release from the Trust.

After maximum efforts by Trust staff, for payments to be carried out as soon as possible, we let you know that today, during the day, the execution of payments for applications carried out on December 11, 2020. After sending the means to banks, we expect the payments to come to account for the beneficiaries within 24 hours. For information, on December 11 they have applied 219,729 contributors and will pay back about 112.2m euros”, the report says.

“While tomorrow, December 22nd, payments for applications realised between December 12th and 17th 2020 will be executed. They too are expected to reach account within another 24 hours. Here are 137,543 contributors, with around 58.3m euros.

The total amount of applications in the first 7-day total of 170.5m euros is made up of -- contributions to the tune of 137.7m euros and profits from investments worth 32.8m euros.

Attention: We had all contributors holding up the instructions given by banks, which, to attract means, use bank cards or payments through e-banking and avoid physical visits to bank”, becomes known.

 

Otherwise, 10 per cent of the Trust was decided to withdraw after the vote by the Economic Resiliency Pack./Periscopi/

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