Fiscal Council presents analyses today on the sustainability of the pension system and the Second Pillar

The financial and demographic sustainability of the pension system, as well as the possible directions of its reform, will be the focus of a presentation organised today by the Fiscal Council, as MIA reports.

According to MIA, the event will present the latest analyses and projections for the future development of the pension system in North Macedonia, with particular attention to the functioning and performance of the Second Pillar of pensions.

The main findings will be presented by the president of the Fiscal Council, academician Abdulmenaf Bexheti, while the executive director of Finance Think, Blagica Petreski, will present the study “Odrzhlivost na penziskiot sistem vo Severna Makedonija” (Sustainability of the pension system in North Macedonia), with simulations of possible reform solutions.

A speech is also planned by Prof. Dr. Shpresa Alija from the South East European University in Tetovo, who will present the analysis of the performance of the Second Pillar of pensions, prepared in cooperation with MAPAS.

According to the announcements, the topics to be discussed include the financial gap in the pension system, the impact of demographic trends on its sustainability, possible reforms to guarantee the stability of the system, as well as the returns and future development of the Second Pillar of pensions.