Over the past four years, a significant surge has occurred within Kosovo’s social scheme, with approximately 20,000 pensioners over 65 joining the program. This notable increase in retirees necessitates a corresponding expansion of the state’s budgetary allocation for this demographic. Currently, around 300 million euros are specifically designated within this year’s budget to cover pensions and allowances.
Economist Shkumbin Misini highlighted the concerning trend, stating, “The labor force’s productive capacity is declining sharply, and the rise of pensioners over 65, particularly in the last 13 years, has increased by 48.8 percent.” He emphasized the need for careful analysis, acknowledging the potential for unsustainable pension spending within Kosovo. The situation demands proactive intervention to protect the workforce before it becomes overly dependent on social assistance. The growing number of pensioners, a development spanning several years, presents a serious challenge.
It is crucial to address this demographic shift and its impact on the nation’s economic future. This trend of increasing pensioners over 65 requires immediate attention.
Topics: #years #pensioners #four
