Q:
A:
Pension system reform will adjust pensions to salaries
Belgrade,
27 February 2010
Deputy Prime Minister Jovan Krkobabic stated that the reform of the pension system will make it possible to adjust the amount of pensions in relation to public sector salaries and that this adjustment will be made in three stages, starting with the implementation of new regulations from 1 January 2011.
Author:
Tanjug
In an interview with Tanjug news agency, Krkobabic explained that the pension adjustment dates will be 1 April 2011, 1 October 2011 and 1 April 2012, while from October 2012 a new model will be used.
This recommendation was also accepted by the IMF, although with some reservations concerning whether salaries would then be strictly controlled or altered according to the growth of the economy, he said.
The state must make maximum efforts to pull the country out of the economic crisis. The government is determined to do this, said Krkobabic.
Positive changes are already visible and will become more apparent in 2011. The state has to support the economy, create more jobs and attract more foreign capital, he said.
Foreign investment can accelerate growth and make it possible to increase pensions and salaries. The government will continue to work to this purpose, he said.
He said that he is convinced that any doubts the IMF might have regarding this issue will be cleared up by March, when the IMF board meeting will be held.
Negotiations with the IMF were not tough. They were fair and both sides showed a great deal of understanding, which is a key condition for reaching a mutually satisfactory solution, he said.
Head of the IMF delegation Albert Jaeger understands Serbia’s demands and with the exception of some doubts regarding the question of discipline in public sector salaries, there were no dilemmas. Agreement was reached concerning all other points, said Deputy Prime Minister Krkobabic.
This recommendation was also accepted by the IMF, although with some reservations concerning whether salaries would then be strictly controlled or altered according to the growth of the economy, he said.
The state must make maximum efforts to pull the country out of the economic crisis. The government is determined to do this, said Krkobabic.
Positive changes are already visible and will become more apparent in 2011. The state has to support the economy, create more jobs and attract more foreign capital, he said.
Foreign investment can accelerate growth and make it possible to increase pensions and salaries. The government will continue to work to this purpose, he said.
He said that he is convinced that any doubts the IMF might have regarding this issue will be cleared up by March, when the IMF board meeting will be held.
Negotiations with the IMF were not tough. They were fair and both sides showed a great deal of understanding, which is a key condition for reaching a mutually satisfactory solution, he said.
Head of the IMF delegation Albert Jaeger understands Serbia’s demands and with the exception of some doubts regarding the question of discipline in public sector salaries, there were no dilemmas. Agreement was reached concerning all other points, said Deputy Prime Minister Krkobabic.
-
Belgrade, 29 October 2024State moves to minimise advertising for betting shops
-
Belgrade/Berlin, 28 January 2016Fences cannot stop migrations
-
Belgrade, 7 January 2016Serbia to experience dynamic economic growth in 2016
-
Belgrade, 31 December 2015Serbia will persevere on path of development, reforms
-
Belgrade, 30 December 2015Ground for Serbia’s progress set
-
Belgrade, 28 December 2015
Serbia ready for improvement of cooperation with Russia
-
Belgrade, 22 December 2015Serbia ready to open six more chapters next year
-
Belgrade, 21 December 2015Serbia to be part of EU by 2020
-
Belgrade, 20 December 2015Serbia ready for EU membership by 2019
-
Belgrade, 16 December 2015Chapter 35 not substitute for Belgrade-Pristina dialogue