The pension reform passes its first reading in the plenary hall. Last week, the changes to the Social Security Code received the approval of the Social Committee with almost complete unanimity, but without the presence of the Minister of Social Affairs.
The changes in social security are aimed entirely at the second pillar of the pension system - the mandatory private pension fund.
So far, the money that private pension funds manage is invested in the same way, regardless of the client's profile. The idea now is to introduce a “multi-fund system” - sub-funds are created that will invest the client's money in a different way, and this will depend on the profile and wishes of the specific person.