Saturday, 22 September 2018

Pension Reform to Be Rushed Through Parliament?

ZAGREB, September 22, 2018 - The leader of the Croatian Party of Pensioners (HSU), Silvano Hrelja, said on Saturday that the ruling majority would shorten the public consultation on the pension reform to two weeks after which they will try and rush it in parliament through two readings.

Thursday, 20 September 2018

Retirement Age to Be Increased

ZAGREB, September 20, 2018 - Labour and Pension System Minister Marko Pavić said on Wednesday in parliament said that the government's aim was for people to retire with as long a working life as possible which would mean that their pension allowances would be higher and called on unions for another round of talks so that he can better explain his reasoning for this.

Monday, 17 September 2018

Unions Announce Protests against Pension Reform Plans

ZAGREB, September 17, 2018 - Unionists on Monday walked out of a meeting with Labour and Pension System Minister Marko Pavić on a planned pension reform, saying he did not take their proposals into consideration but presented them with a finished proposal, and announcing that workers would take to the streets.

Monday, 10 September 2018

Pension Insurance Funds Continue to Grow

ZAGREB, September 10, 2018 - Four Croatian compulsory pension insurance funds had a total of 1.882 million members at the end of July 2018, or about 58,900 more than at the same time in 2017, while their combined assets reached 96 billion kuna, according to the Financial Services Supervisory Agency (HANFA).

Tuesday, 3 July 2018

Government Further Explains Pension Reform and Tax Cuts

ZAGREB, July 3, 2018 - The relevant cabinet ministers presented outlines of the pension reform plan and the second phase of the tax reform to the leadership of the ruling Croatian Democratic Union (HDZ) party on Monday evening, Prime Minister and HDZ leader Andrej Plenković told the press after a three-hour meeting of the HDZ presidency and national council.

Sunday, 1 July 2018

Prime Minister Defends Governments’ Pension Reform Plans

ZAGREB, July 1, 2018 - Prime Minister Andrej Plenković has reiterated that the pension reform is being launched to make the system sustainable and pensions adequate so that people could live off them, saying the claim which has appeared in public, that second pillar retirees will lose the entitlement to a 27% supplement, is wrong as this entitlement does not exist.

Friday, 29 June 2018

Minister Denies Nationalisation of Private Account Pension Pillar

ZAGREB, June 29, 2018 - Labour and Pension System Minister Marko Pavić reiterated on Thursday that the government did not plan to nationalise the second pension pillar but was rather proposing that investments in that pillar be increased and was willing to accept possible better proposals.

Wednesday, 27 June 2018

Pension Reform with Higher Retirement Age Set for Autumn

ZAGREB, June 27, 2018 - Prime Minister Andrej Plenković said on Wednesday the government planned for the autumn the adoption of a package of pension reform bills alongside a set of healthcare reform bills.

Monday, 30 April 2018

Pension Fund Assets Reach 93 Billion Kuna

ZAGREB, April 30, 2018 - A total of 1.86 million people paid contributions to the four compulsory pension funds in Croatia at the end of March 2018, which was 65,000 more than a year before, and the assets of those funds reached 93 billion kuna, according to figures released by the Croatian financial services regulator HANFA on Monday.

Saturday, 28 April 2018

Slovenian Company Takes Over Croatia’s Private Pension System

Triglav has taken over the payment of pensions from the second and third pillars of the retirement system.

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