Coalition committed to upgrading pension system

One of the coalition's priorities will be trying to build a consensus as soon as possible on how to amend the pension system to ensure its long-term financial sustainability. They also want to transform the Pension Fund Management (KAD) into an independent Demographic Fund.

Janez Sušnik, the head of the Pensioners' Association, and Srna Mandič, the head of the Centre for Welfare Studies at the Ljubljana Faculty of Social Sciences, say that Slovenia absolutely needs such a fund.

"The fund's role is to give society a lever to manage long-term and predictable changes in structural ageing of its population; to invest into the fund in the fat-cow years, increase its value through long-term interest earnings, and to allocate it for future generations of pensioners," Mandič told the STA.

The fund is also important symbolically in that it shows caring and planning for...

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