Slovenian court allows pension vote, delaying spending cuts

clock

SLOVENIA - The Constitutional Court has ruled that a referendum on pension changes approved by Parliament can take place, a move that will delay public spending cuts and may prompt a rating downgrade.

Lawmakers approved an increase in the retirement age to 65 in December, spurring the country's largest trade union, Zveza Svodobnih Sindikatov Slovenije, to seek a public vote on the measure. Pr...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Slovenia

Slovenian pension overhaul to aid fiscal stability, IMF says

SLOVENIA - Slovenia needs to "urgently" overhaul its pension system to prevent an increase in borrowing costs and help maintain long-term fiscal stability, the International Monetary Fund said.

Boris Cerni at Bloomberg News
clock 21 March 2011 •

Slovenia seeks to prevent a referendum on pension overhaul

SLOVENIA - The Slovenian government wants to prevent a referendum on a pension overhaul increasing the retirement age for workers as the country struggles to cut public spending.

Boris Cerni at Bloomberg News
clock 11 January 2011 •

Slovenia approves pension overhaul to cut spending

SLOVENIA - Slovenia's parliament approved the government's proposed pension overhaul, increasing the retirement age for workers as the euro-region country cuts public spending.

Boris Cerni at Bloomberg News
clock 15 December 2010 •
Trustpilot