Drastic Changes in the Pensions System Stir Slovene Public

Ljubljana, 25 January - PENSIONS/LAW/ZPIZ
The draft Pensions and Disability Insurance Law, passed by the Parliament Thursday, agitated Slovene pensioners, since changes introduced by the Law regarding pensions adjustments drastically reduce the rights that pensioners had so far. The fact that pensioners, numbering 455,000, constitute one third of Slovene electorate, has raised questions whether pre-election period has not turned pensions into a purely political issue. Jože Avguštin, financial director of the ZPIZ (Pensions and Disability Insurance Institute), believes most of the pensions-related dilemmas are indeed related to political consensus, as the National Assembly makes all the decisions, while the ZPIZ is only allowed to carry them out. On Friday, Parliament finally endorsed a new government proposal, which introduces adjustments of pensions on the basis of statistical data on monthly salary movements.

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