Members seek state system safety

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SLOVAKIA - Over 11,000 workers left private pension schemes and opted to return to the state system last year as unease over the global financial crisis grew.

The Slovak pension system comprises a pay as you go (PAYG) first pillar scheme and a fully funded private second pillar scheme. As the first pillar scheme pays benefits taken through social securit...

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More on Slovakia

Slovakia moves to secure pension reforms

SLOVAKIA - The Slovak centre-right wing government is seeking to adopt a constitutional law to guarantee that proceeds from future privatisations are only used to fund the proposed pension reform.

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clock 07 June 2006 •
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