Chamber of Deputies adopts law on the creation of guarantee fund in private pensions system

The Chamber of Deputies adopted on Tuesday with 168 votes in favour, 120 votes against and three abstentions the creation of a guarantee fund in the private pension system. The purpose of the fund is to guarantee the rights of the participants and beneficiaries to the private pensions funds, as well as to compensate for the possible losses of the participants contributing to the system. The guarantee fund in the private pensions system will be administered by a leading ...

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