“Retirement from the Trust does not create additional costs for budget”, the Ministry of Finance declares
(4 years ago)The Ministry of Finance's Budget Department has estimated that changing the Law on Pension Funds does not create additional costs for the state budget, but has stated that access to resources from the Trust can create a negative impact on the fund. According to a budget department stance, they sent the Parliamentary Commission for Buzhet and [...]
According to a budget department stance, sent by the Parliamentary Commission for Business and Finance, changing the Law for Pension Fund risks the Pension Fund.
The budget department estimates that the draft law on pension funds, from the aspect of the budget impact, does not create additional costs for the budget, but will have a negative effect on Kosovo's pension funds, subsequently in many of the denied tax revenues from the share of retirement savings”, the budget department's position at the MPT says.
Meanwhile, the Kosovo government has refused to give support to amend the Bill, given a letter to the Parliamentary Commission, which the chairman of the commission, Armend Muja of the Vetevendosje Movement, has read.
The government of the Republic of Kosovo has stated this, according to materials: The RKS government disagrees with MP Hadziu's proposal, in fact assessing the initiative to complete the Law on Pension Funds. The government of the Republic of Kosovo is close to the citizens of Kosovo through pension schemes, but the Trust's withdrawal does not help citizens in need”, said among other things in the government's stance, Mayor Muja quoted.