Slovakia: the second capitalization pension pillar temporarily reopened

Publication

10 December 2008 à 14h17

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2 minutes

Publication: 10 December 2008 à 14h17

Reading time: 2 minutes

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The first compulsory pillar. The rights and obligations of employers and their employees in the field of pension insurance are governed by Act No. 461/2003 Coll. on Social Insurance. This pillar represents the state pension scheme and is based on obligatory contributions from every employer and employee. Fulfillment of the conditions stipulated under law (duration of pension insurance for at least 15 years and reaching the stipulated age) gives rise to a legal right to pension benefits.
Publication

10 December 2008 à 14h17

Reading time

2 minutes

Publication: 10 December 2008 à 14h17

Reading time: 2 minutes

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lawyer at the PRK law firm in Bratislava. (Ref. 080999)

The current pension system consists of the following three pillars:

The first compulsory pillar. The rights and obligations of employers and their employees in the field of pension insurance are governed by Act No. 461/2003 Coll. on Social Insurance. This pillar represents the state pension scheme and is based on obligatory contributions from every employer and employee. Fulfillment of the conditions stipulated under law (duration of pension

…
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