Pension Reform Sparks Controversy Among Retirees
The Ministry of Finance is introducing a pension deduction tax that may lower retirees' net monthly income. An expert commission suggests exempting seniors from filing tax returns and implementing a lump-sum deduction for expenses.
This plan, viewed by critics as a hidden tax hike, aims to treat retirees similarly to employees. While the traffic light coalition shows openness to the reform, its realization within the current legislative period remains uncertain.
Furthermore, a new proposal for private retirement plans is on the horizon, allowing citizens to select from various options, including a government-supported savings account starting in 2026. Estimated costs could rise significantly, prompting debates on the long-term implications for retirees and the state budget.
The press radar on this topic:
This pension change is intended to reduce the monthly net income of pensioners
From 2026, 600 euros per year for every citizen: The traffic light coalition is launching a new pension plan
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