11. September 2007 at 07:00

DSS Association confirms government talks

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Chairman of the Pension-savings Companies Association (ADSS) Peter Socha on September 10 confirmed that talks between the Government and the companies took place last week.

Monday's revelation follows a similar confirmation by PM Robert Fico and governing-Coalition LS-HZDS Chairman Vladimír Mečiar at a press conference earlier in the day.

The meeting will probably continue this week. According to the ADSS, the current pension-system is well-adjusted, and a cut in contributions to the second-capitalisation pillar shouldn't be considered in any case. However, the association is negotiating with the Government on a possible temporary (3-4 year) cut in the contributions for private pension-savings companies and an increase in what goes to the public social security provider Sociálna Poisťovňa (SP).

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For the ADSS, it's crucial that the Opposition be included in the talks on possible changes to the pension system. TASR

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

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