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hrvatski engleski
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Experts call for pension system overhaul, official admits fund yields insufficient

Author: mses
ZAGREB, Jan 24 (Hina) - Following suggestions from some economic experts that changing the pension scheme is imperative in light of the fact that the state budget lacks annually up to 20 billion kuna to finance the pension system, Croatian Deputy Finance Minister Boris Lalovac has said that annual outlays for pensions are some 36 billion kuna, while the yield from the first pension pillar is 19 billion.

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