BREAKING NEWS

Dumani lists the officials who have been investigated by SPAK, from the former prime minister, ministers, deputies and mayors and reveals the investigation of the Albanian entrepreneur who tried to create access to the international mafia in our countr...

Dumani lists the officials who have been investigated by SPAK, from the former
x
BREAKING NEWS

Here's what's happening with the investigations of the "heavyweights" of politics, Altin Dumani gives the details about Berisha, Rama and Veliaj, talks about police officers in the service of crime and threats to special prosecutors, with the help of S...

Here's what's happening with the investigations of the
x
BREAKING NEWS

Myslim Murrizi is shocked, ministers and socialist MPs have been caught in the interceptions of "EncroChat" and "Sky", Edi Rama is ready to throw them in the "mouth" of SPAK to avoid being overthrown from power, here is the former head of SHISH Visho A...

Myslim Murrizi is shocked, ministers and socialist MPs have been caught in the
x
BREAKING NEWS

KLP, who will replace Alfred Balla after the KPA "bomb", here is the name of the contender who has the majority of votes in the Council

KLP, who will replace Alfred Balla after the KPA "bomb", here is the
x
BREAKING NEWS

A fight breaks out in the "Foltores" faction, Argita Malltez's ambition to be catapulted to the head of the party puts "fire" inside Ritzemelimi, the right wing of Sali Berisha comes out against the daughter of the former prime minister

A fight breaks out in the "Foltores" faction, Argita Malltez's
x
BREAKING NEWS

Saliu's loyalist in danger, SPAK officially launches a property investigation for Flamur Noka, the file is revealed, here are the assets with staggering values ??which he cannot justify with his income

Saliu's loyalist in danger, SPAK officially launches a property
x
BREAKING NEWS

Here is the "hurricane" of Great Britain for Albanian politics, in the "black list" together with Berisha, "non-women" and other politicians on the left and right, London warns of a bitter end for DP with Saliu at the head in the 2025 elections

Here is the "hurricane" of Great Britain for Albanian politics, in the
x
BREAKING NEWS

The Americans eliminate from circulation the man who voted in the KLP against Altin Duman as head of SPAK, Alfred Balla is excluded from the system for 15 years, here are the behind the scenes

The Americans eliminate from circulation the man who voted in the KLP against
x

Ekonomia

This is why Albania is changing the pension scheme after 10 years and what the scheme approved in 2014 brought, the details are revealed

This is why Albania is changing the pension scheme after 10 years and what the

Very soon, a new scheme will be applied for pensions but also for social protection as a whole. Given that the reform made in 2014 has closed its cycle and has not properly addressed the problems, the World Bank and the Albanian government are getting ready to implement a new reform, which aims to be more sustainable and bring higher incomes to retirees. "Scan Intel" has conducted an analysis over the years regarding the pension scheme and the crisis that has accompanied it. Based on the ISSH data, the ratio between contributors and pensioners at least in the last five years was mainly taken into consideration. From the data in the graph, we understand that the gap between pensioners and contributors appears low, although it is improving compared to 2020, when the country faced a crisis and the pension scheme registered 35 thousand fewer contributors. This increases the risk that in the coming years it will not be possible to cover the value of pensions for retirees. Meanwhile, if you take the data of the last years, a drastic reduction of the contributors to the pension scheme is shown, while the number of those who benefit from a pension has increased. Currently, according to the latest data from ISSH, we see that the number of pensioners is 704,999, while the number of contributors is 826,928. So we have about 121 thousand more contributors. However, this figure is lower than in 2019, when about 130 thousand more contributors were registered. The problem is noticed especially with rural pensions. From the data, it is evident that the highest gap between contributors and beneficiaries is recorded in village pensions. In recent years, an average of 50,000 more pensioners than contributors have been registered in rural areas. This is because in these areas the most jobs are included in the agriculture and construction sectors, two sectors which throughout the country register higher informality. But what is the problem that affected the pension scheme? So, the cause of the weakening of the scheme is not only the imbalance of income and expenses for pensions, but also informality over the years. This is confirmed by the fact that the actions of the last years for the obligation of businesses to declare the real salary, have produced an increase in the budget item of social security. In addition, the contributor-beneficiary ratio is unbalanced and demographic developments warn of a further imbalance. Another reason for the weakening of the scheme was the salary level. The increase in the minimum wage has increased insurance revenues, but it has not been enough. This means that the increase in money cannot be the healing "recipe" of the current pension scheme, but a new scheme is needed which foresees a third column. Recently, Albania seems to be characterized by a stable labor market and higher wages, according to official data.We remind you that the World Bank calls on Albania to offer jobs with higher wages and higher productivity. But, in this context, we reiterate that a number of indicators should be taken into consideration, mainly demographic pressure, such as the aging of the population, emigration, the reduction of the average age or even the low labor force. All these have also affected the ratio between pensioners and contributions.

Most read