1 Billion Euro Deficit in Pension Funds
October 22, 2024
The deficits in the pension funds of semi-governmental organizations and municipalities exceed 1 billion euros, raising serious concerns for the Ministry of Finance. The fund for RIK is particularly burdensome, reporting a deficit of 123 million euros. Additionally, 200 judicial lawsuits amounting to hundreds of millions pose further challenges. This situation, according to the minister, requires careful attention and strategic handling to avoid fiscal crises.