The payment of the pensions from the Supplementary Mandatory Pension Insurance is becoming more and more relevant with the approach of the time for the first payments of the funds accumulated on the accounts of insured persons.
Ioannis Kotsianos, Chairperson of the Executive Committee of Allianz Bulgaria, examines the issue with a special focus and answers questions such as:
- What are the main risks and challenges in the payment phase?
- What is intergenerational equality and why is it so important?
- Is it possible to structure a fair system that reduces generational income disparities due to the effect of financial markets?