From the beginning of 2019, the formula for accumulation-pensions adjustment will be implemented, which will provide approximately 200 thousand individual-time full-time employment opportunities for pensioners in the second payer fund to the average payer. Under the new accrual model of Euro, these theoretical calculations were conducted by the Luthium Investment and Pension Funds Association (LIPFA).
The expected savings were calculated by modeling, so at the age of 25 and immediately in the second phase, the savings of the young person who started the pension with the state's incentive would be done according to the lifecycle fund model. The calculation of LPFF is based on the assumption that full-time resident pays taxes of 1000 euros and when the employee reaches age 65, retirement age will come. During accumulation period, it is estimated that annual wage growth will be 3.5-5% per year.
It is believed that the accumulated 200 thousand. In the future, a person can now buy goods and services available for 91 thousand euro. Euro
"The State Social Insurance System guarantees an old age pension, but it is not a secret that in most cases they are rarely enough for the essential needs and therefore we estimate that savings of over 1000 euros can be expected on paper. Since 2019, non-active workers have the opportunity to enter the second phase and save on retirement. After leaving the labor market This will be the source of the extra income, "says LJP president Surupa Ruzgiz.
According to him, with 1.5 percent state incentives in 2070, 3 percent of the person who stops the salary will collect approximately 201 thousand. Specific savings based on Euro Accordance and macroeconomic conditions varies.
Currently, in the second phase, their pensions are increased officially 1.3 million or 9 out of 9. According to the order. Rozgio, fast population aging and migration will only strengthen new demographic challenges, which will be the only difficult way for the state to answer itself.
"It's never too late to start saving. From the tax reform next year, almost all accumulators will cover part or all contributions in Tier II and will not reduce their revenues, says – Crucifixion
While collecting the pension in stage II and allocation of maximum 3% of the salary, 1.5% of the country's average wage is also made by the state. Future pensioner funds are invested while increasing the proportion of conservative investments.
When a person withdraws from the labor market and becomes a pensioner of old age, the biggest shock is by the fact that monthly income will drop dramatically, they will have to re-choose their priorities and learn how to allocate less income. According to experts, after 20 years, retired people may be forced to save income less than five times as the state will be able to provide them only 23%. Current Salary Pension
In the second quarter of this year, the average wage in the taxation country was € 918.8, and the average elderly pension for the state was € 337.