The opposition party, LSDM, has accused the government led by Christian Mickoski of undermining the stability of North Macedonia’s pension system. The party warned that current financial deficits threaten both the timely disbursement of pension payments and the viability of the country’s second pension pillar. During a recent press conference, LSDM Executive Council member Renata Mladenovska presented data indicating a significant deterioration of the Pension and Disability Insurance Fund (PIOM).
She stated that the fund’s shortage has reportedly increased by 40 percent, leading the party to question the long-term sustainability of the entire second pension pillar. Furthermore, the opposition highlighted projections made by Governor Trajko Slavski. According to the statements cited by the LSDM, an estimated 80 percent of citizens scheduled to retire between 2030 and 2032 may struggle to secure even the minimum guaranteed pension.
The LSDM’s concerns center on the adequacy of current funding mechanisms to support the aging population and maintain promised retirement benefits. The party maintains that the current fiscal trajectory poses a substantial risk to the stability of the national pension framework. These claims place the issue of retirement security at the forefront of the political debate between the ruling administration and the LSDM opposition.
Topics: #pension #lsdm #second
