Spectator on facebook

Spectator on facebook

Labour Ministry has new proposals for pension scheme

The Ministry of Labour, Family and Social Affairs released a document on April 2 that analyzes the practice of pension saving in the second, or capitalization, pillar in Slovakia, and especially its impact on Sociálna Poisťovňa (SP), the social insurance company. The Cabinet might discuss the issue as early as its next session on April 4.

The proposed measures, which should lead to the stabilization of SP’s budget, include a cut in contributions for pensions from the current 9 percent to 6 percent of the saver’s gross income, the introduction of making the second pillar optional, which would help savers for whom the capitalization pillar is disadvantageous and the abolition of payments for state savers and for clients of SP.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Slovakia threatened with returning funds for dual education

The system is still not running as it should, and if the country fails to meet goals, it may be asked to pay back the money allocated from EU coffers.

Trams will test renewed tram track in downtown Bratislava on Friday

Originally, the tram track should have been put back in operation on November 15

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.