The opposition party, LSDM, has raised significant concerns regarding the financial stability of North Macedonia’s pension system, accusing the government, led by Christian Mickoski, of undermining its structure. The primary worry centers on the adequacy of funds necessary to ensure consistent pension payments and the viability of the second pension pillar. During a recent press conference, Renata Mladenovska, a member of the LSDM Executive Council, presented data indicating a substantial deterioration in the financial health of the Pension and Disability Insurance Fund (FSPI).
She reported that the fund’s shortage has increased by 40 percent. Mladenovska stated that this deficit casts doubt on the long-term sustainability of the second pension pillar. Furthermore, the LSDM cited statements from Governor Trajko Slavski, who warned that a significant portion of future retirees face inadequate benefits.
Specifically, Slavski’s remarks suggested that up to 80 percent of citizens retiring between 2030 and 2032 may struggle to secure even the minimum pension amount. These concerns highlight a growing debate over the fiscal management of the national retirement funds. The opposition argues that the current trajectory poses an immediate risk to the established pension framework.
The focus of the debate remains on implementing necessary reforms to safeguard the pension benefits for current and future generations, particularly concerning the structural integrity of the second pillar.
Topics: #pension #lsdm #second
