Spectator on facebook

Spectator on facebook

Over 67,000 savers leave second pension saving pillar

Between the beginning of this year and June 25, more than 67,000 people have left the private old-age pension saving scheme to return to the state-run pay-as-you go pension system.

Between the beginning of this year and June 25, more than 67,000 people have left the private old-age pension saving scheme to return to the state-run pay-as-you go pension system.

"On the other hand, so far a total of 12,968 persons entered the second pillar during the same period," said Lýdia Výborná, head of the communications department at social security provider Sociálna Poisťovňa.

This means pension fund management companies must return Sk2.451 billion to Sociálna Poisťovňa, of which only Sk1.741 billion has been received so far, Výborná added.

The savers who left the second pillar were mostly older than 45. SITA

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

Bankers adjust to customers’ habits

More people will be coming to banks for advisory.

You do not need to sympathise with LGBTI to support their rights

The lawmakers need to act before the next Oliari comes to the Strasbourg court to sue Slovakia.

Ombudswoman Maria Patakyova addresses the Pride participants.

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.