Incentives instead of higher retirement age in pension reform blueprint

Slovenia does not intend to increase the retirement age to make the pension system more sustainable, instead it plans to offer incentives so that people keep working longer, but higher contributions and a new tax are also on the table, according to a Labour Ministry blueprint for pension reform released on 11 July.

The current system where people can retire at full pensions at the age of 60 and with 40 years of pension contributions or at the age of 65 with at least 15 years of contributions would remain the same.

In practice, the retirement age is already higher: men retire...