How to Make the Pension System Sustainable

The sustainability of the system relies on introduction of the compulsory accumulative system – the second pillar of the pension reform. Why is it being postponed?

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Figure 1. Pension Fund balance, per cent of GDP

Source: Pension Fund Budget, State Statistics Service

 

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The author doesn`t work for, consult to, own shares in or receive funding from any company or organization that would benefit from this article, and have no relevant affiliations