From Today We Can Choose the Type of Private Pension Fund
9 Articles
9 Articles
From today until November 30, for the first time, employees will be able to choose with what investment risk their savings for the so-called second pension in private pension funds will be managed. The change is related to the upcoming introduction of the so-called multi-funds from January 1, 2027. Each insured person can choose a dynamic, balanced or conservative sub-fund, otherwise, they will be allocated automatically depending on their age. …
The Republic of Moldova has, since 2026, the first functional voluntary pension fund, an alternative through which citizens can build an additional income for the period after the end of professional activity. The system is different from the state pension: money is accumulated in an individual account and invested in the long term. The legal framework for voluntary pensions exists in the Republic of Moldova [...] Article How the voluntary pensi…
Moldova has, since 2026, the first functional voluntary pension fund. It gives citizens the opportunity to accumulate, separately from the state pension, savings that are invested in the long term and that can become an additional source of income after the end of professional activity.
Every worker will be able to choose for themselves how their second pension funds will be managed according to their age and risk preferences. The new ...
If we don't choose a fund, people up to 50 will remain in the dynamic fund. Between 50 and 3 years before retirement they will be in a balanced fund, and if 3 years before that ...
Bulgaria is moving from 2027 to a multi-fund system for Pillar 2 of pensions, allowing citizens to choose between three levels of risk, with the possibility of investing up to 90% of assets in equity.
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