Pension Fund: Pensions are secure, there is no risk for payments and health services

The Pension and Disability Insurance Fund has issued assurances to its beneficiaries following the release of the State Revision Body’s final report detailing the institution’s operations throughout 2024. The Fund emphasized that the regular disbursement of pension payments remains uninterrupted, and the comprehensive health rights afforded to pensioners are fully guaranteed. The Fund clarified that the reported increases in obligations—specifically those directed toward the Health Fund and the second pension pillar—are directly attributable to the recent pension increases implemented for approximately 347,000 pensioners.

Officials stated that these increased liabilities do not reflect any underlying financial instability or systemic issues within the Fund itself. According to the findings of the revision, the financial obligations as of the end of June included substantial amounts designated for beneficiary care. Specifically, the Fund recorded an obligation of 136.4 million euros dedicated to the health insurance coverage of its pensioners.

Furthermore, the report noted an amount of 42.2 million euros representing undistributed contributions allocated to private pension funds. Overall, the statements aim to maintain transparency regarding the financial structure supporting the retirement income stream. The institution reaffirmed its commitment to managing these growing pension obligations while ensuring that the continued provision of essential health services and stable pension payouts remain the highest priority for all members.

Topics: #pension #fund #health

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