Wednesday, 15 September 2021
ZAGREB, 15 Sept, 2021 - Abolishing the second pension pillar could, in the long run, result in higher public expenditure for pensions and a lower standard for pensioners, the Croatian Financial Services Supervisory Agency's board chairman, Ante Žigman, said on Wednesday. Addressing a conference, organised by the Hanza Media company on pensions, Žigman said that the pension reform was the biggest economic reform in Croatia's recent history and that it had been lasting for 20 years and had shown huge resilience, while being supported by both left and right governments. He underscored that at the end of August the net assets of the mandatory pension funds…