sk sk

Supplementary pension scheme (third pillar)

In the Slovak pension system, the supplementary pension scheme (third pillar) is:

  • a voluntary scheme (although enrolment is compulsory for people working in certain hazardous occupations);
  • a defined contribution scheme based on the collection of contributions from participants and employers;
  • a funded scheme whose purpose is to earn returns on the contributions paid into the scheme and then pay participants supplementary pension benefits in old age.

The supplementary pension scheme’s organisation, funding and supervision is governed by the Supplementary Pension Scheme Act.

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