The issue of old-age pensions is a sensitive topic in every country and at any time, as it concerns one of the most vulnerable social groups, namely old-age pensioners. In every politically advanced and democratic rule of law there is a different model of the old-age pension system that is implemented in relation to its population. The aim of the paper is to identify efficiency of second pension pillar of old-age pension savings in the calendar year 2019 in the Slovak Republic.
The article is an attempt of summary of Open Pension Funds (OFE) activity made on the basis of data published by Financial Supervision Comission (KNF) from 1999 to 2006. The analysis concerns four aspects of retirement insurance in the second pillar: number of members, scale of assets, investments and the level of rates of return. The author made an effort to show the most important conclusions concerning the future OFE activity on the basis of previous results.
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