Spectator on facebook

Spectator on facebook

IN SHORT

One million join second pension pillar

THE NUMBER of those taking advantage of private pension savings has already exceeded one million, said Labour Minister Ľudovít Kaník on August 18.

He added that the growth rate of the number of pension saving contracts registered with social security provider Sociáĺňa poisťovňa is gradually slowing down, as expected.

Sociáĺňa Poisťovňa's draft budget for 2006 expects that 1.4 million people will join the pension system savings plan by the end of next June, the SITA news agency wrote.

Sociálna poisťovňa Director František Halmeš said that six out of the eight existing pension management companies exceeded the minimum limit of 50,000 clients. Each pension savings company must capture 50,000 clients by the end of September or risk losing its license.

Halmeš expects the seventh pension management firm to reach 50,000 savers in the coming days.

Top stories

The Bratislava airport has competition in Vienna

The airport in Vienna, only about 60 kilometres from the Slovak capital, gains 17 new low-cost airliner flights.

Illustrative stock photo

Surcharges for night, weekend and holiday work will go up in two phases

Social partners agree upon a compromise solution.

Royal chocolate made by Slovak Photo

Some of the chocolate art pieces are decorated with gold or silver.

Giving a voice to those unheard

The Sme daily celebrates 25 years since its founding. It is of immense importance that it remains independent and free, writes its editor-in-chief.