Termination of State Borrowing from the Social Insurance Fund
April 20, 2026
The meeting of the Labor Advisory Body focused on the investment policy of the Social Insurance Fund and issues related to pension funds. The Minister of Labor announced that state borrowing from the Fund, currently at 12 billion euros, will be terminated. A technical committee is set to be established to discuss the second pillar, aiming for a collective effort. Important questions remain, such as whether contributions will be mandatory or voluntary. The process is expected to continue with the input from social partners.