English

Too strict requirements for too low pensions

Ilustracija

Governments of many countries have been facing challenges in their pension systems. The existing demographic situation has made the system of state pensions almost unsustainable, as it’s been too expensive for the state and there’s no enough money to ensure decent life for the elderly.

As for Montenegro, Pension and Disability Insurance Law is to be amended soon, which would be the 17th reform of the country’s pension system since 2003.

On this occasion, representatives of trade unions submitted numerous suggestions and on Friday started talks with the labor and social welfare minister, Kemal Purišić, in order to be able to organize the session of the Social Council. They hope to reach the agreement and forecast that the negotiations won’t last longer than 10 days.

According to minister Purišić, the Ministry is looking forward to reaching a compromise, but it also calls for better understanding of the process of reforms, which is usually quite complex. Even though the Government of Montenegro underlines that the draft law has been developed by following standards of the prosperous countries, representatives of the trade union say we cannot compare ourselves to developed states, as the fact is we die 3 years earlier and our work conditions are somewhat worse than theirs.

One thing is for sure – there’s no money for paying pensions, but still there’s a way for doing it, that is, the govt doesn’t want to implement effective measures to resolve this issue.

 

 

 

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