The Slovenia Times

New Pension Reform on the Horizon

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Bratušek said that the government would start working on a white paper on pension system reform next year.

The most recent overhaul was not as efficient as the previous government promised when presenting the law, she said while answering a question from Marjana Kotnik Poropat of the coalition Pensioners' Party (DeSUS).

Poropat asked the PM whether the government had started working on a demographic reserve fund, which should be established by the end of 2015 to cover the deficit in the pension purse.

Bratušek said the government had started working on the fund and that it was currently investigating how other countries regulated such funds. The government was also looking into possible sources for the fund.

Answering a question from opposition New Slovenia (NSi) head Ljudmila Novak about youth unemployment, Bratušek said that the government earmarked some EUR 160m for measures boosting youth employment.

Moreover, active employment policy measures will receive 6% more funds next year. The government also managed to get EUR 9.2m for youth initiatives from EU funds and adopted measures under which employers do not have to pay social contributions for two years if they hire an unemployed person under 30.

The prime minister pointed the finger at Novak and the previous government, saying that in the year they were in power youth unemployment went from 17.7% to 23.3%. The current government has not managed to reduce the figure, but the trend has been stopped, she said.

Bratušek said her government was successful at tackling youth unemployment, which reflected in the fact that 13% more youths had been employed this year compared to 2012.

Novak, who believes that Slovenia needs a comprehensive action plan to tackle the issue, was not happy with the answer. She requested a session of the parliamentary Social Affairs Committee to discuss the issue.

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