5 Minute News

Postponement of Pension Reform Draft Submission

July 24, 2026

The submission of the draft for the pension reform is postponed to the end of August for social partners' review. First, a consultation with the Finance Minister will be held to finalize the figures in the bill. Government consultations with social partners are expected to begin in late August, coinciding with the vacation period. Voting on the first pillar of the bill is scheduled for September, aiming for implementation in 2027. Discussions on the second pillar are ongoing and are expected to conclude by October.