Spectator on facebook

Spectator on facebook

Kiska vetoes minimum pension bill

PRESIDENT Andrej Kiska on May 28 vetoed an amendment to the Social Insurance Act that introduces the minimum pension, citing what he called discrimination against savers in the capitalisation pillar of the pension system, the TASR newswire learned on the same day.

President Andrej Kiska(Source: Sme)

With that in mind, the head of state suggested that parliament modify the bill and remove the perceived discrimination. Kiska highlighted the fact that approved bill underwent significant change compared to its version approved by parliament that resulted in lower guarantees for pensioners who had been saving for their retirement in the second, or capitalisation, pillar that ultimately result in lower pensions.

Calling the arrangement “direct discrimination”, Kiska referenced a ban on discrimination that is enacted in the Slovak Constitution. Neither the bill as such nor its rationale contain reasons that justify such a discrimination, he said.

Read also:Minimum pensions to differ, opposition criticises changes

Kiska was urged to refer the bill back to Parliament by Opposition envoys on May 27. The bill introduces an arrangement whereby when considering whether a person is eligible to receive a minimum pension only the money sent to the state-managed first pillar will be taken into account. In other words, people who are saving in the private second pension pillar will have their minimum state pension curbed. A handful of bills have now been vetoed by Kiska only to be passed again by the majority Smer-SD government.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

For a Decent Slovakia gatherings return to streets

Protests will be held in Bratislava, Košice, Prievidza, Poprad, and even Brussels.

What we didn't know about our freedom

In 1989, we thought that once the job was done, we would only go out to the squares for Sunday walks.

November 1989 in Bratislava

Bratislava gets a taste of international poetry Video

The international poetry festival Ars Poetica will host poetry readings and other performances at various sites in the city.

Camilla Nelson

Spectacular Slovakia #11: What does a city boy from Brooklyn like about Slovakia? Audio

Dave Rubin came to Slovakia ten years ago and has lived in Bratislava ever since.

Pajštún