40.000 registered employees pours funds at the Pension and Disabled Insurance Fund

Source: Politika Sunday, 27.03.2016. 20:20
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The Managing Board of the Pension and Disability Insurance Fund requested at the meeting that only money needed for regular payment of pensions is transferred from the republic budget to this fund and that health care services, care and help for others, to the account of the Republic Institute for Health Protection.

In this case it the share of the state pension payments would reduce from current 37% (RSD about 600 billion) to 22%. That would be a good signal to the International Monetary Fund mission that pensions are not such a burden for the state of Serbia, as it is constantly claimed.

This transfer of funds, however, would not be affect, Ivan Mimica, Chief Financial Officer at the Fund explained, reduction in the share of pensions in GDP. That is, it would fall to desired 11.5%, IMF requires.

Dragana Kalinovic, head of the Pension and Disabled Fund said that the fall of the state's share in the financing of pensions has been decreased, among other things, due to the large number of registered workers, as many as 40,000, who regularly pay contributions to the fund.

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