Macedonia to keep unchanged retirement age threshold

Source: Xinhua    2018-04-14 01:50:27

SKOPJE, April 13 (Xinhua) -- Macedonia will keep unchanged the retirement age threshold, Macedonian Minister of Labor and Social Policy Milla Carovska announced on Friday.

Carovska emphasized that the government is making analyzes to improve the situation in the Pension Fund in order to cover the budget holes caused the previous government.

"At present pensions are stable and secure but the government has to consider current and future pensioners as well," underlined Carovska.

However, the main opposition VMRO-DPMNE party has criticized Carovska's work so far, considering it unable to carry out important projects for citizens.

According to Carovska, the government has achieved many important things such as the resolution of the problem of 4,535 insolvent persons, 138 employments in Centers for Social Work and 486 jobs in kindergartens.

In September 2017, the Macedonian government refused to increase the retirement age, as well as the taxes on fuel and property as recommended by the International Monetary Fund (IMF).

Currently, the retirement age in Macedonia is 64 for men and 62 for women, with a minimum 15 years of pension service. However, according to the IMF, the pension system here needs to be reformed.

Editor: yan
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Macedonia to keep unchanged retirement age threshold

Source: Xinhua 2018-04-14 01:50:27

SKOPJE, April 13 (Xinhua) -- Macedonia will keep unchanged the retirement age threshold, Macedonian Minister of Labor and Social Policy Milla Carovska announced on Friday.

Carovska emphasized that the government is making analyzes to improve the situation in the Pension Fund in order to cover the budget holes caused the previous government.

"At present pensions are stable and secure but the government has to consider current and future pensioners as well," underlined Carovska.

However, the main opposition VMRO-DPMNE party has criticized Carovska's work so far, considering it unable to carry out important projects for citizens.

According to Carovska, the government has achieved many important things such as the resolution of the problem of 4,535 insolvent persons, 138 employments in Centers for Social Work and 486 jobs in kindergartens.

In September 2017, the Macedonian government refused to increase the retirement age, as well as the taxes on fuel and property as recommended by the International Monetary Fund (IMF).

Currently, the retirement age in Macedonia is 64 for men and 62 for women, with a minimum 15 years of pension service. However, according to the IMF, the pension system here needs to be reformed.

[Editor: huaxia]
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