27.2.2019
Announcement to members of the Sava Pension Fund born before January 1, 1967 for changes of the Law on Mandatory Fully Funded Pension Insurance.
Sava Pension Company ad. Skopje notifies its members about the rights of the volunteer members in the Sava Pension Fund, Open Mandatory Pension Fund with a signed contract for membership and first employment before 01.01.2003.
In accordance with the amendments to the Law on Mandatory Fully Funded Pension Insurance, volunteer members born before January 1, 1967 HAVE THE RIGHT TO CHOOSE TO:
1. extend the membership in the second pension pillar by giving a written Statement of continuation of membership in a mandatory pension fund or
2. terminate the membership in the second pension pillar by giving a written Statement of termination of membership in a mandatory pension fund.
Voluntary members of the Sava Pension Fund,Open Mandatory Pension Fund are all members who have first employment before 1 January 2003 and have voluntarily chosen to become members in a mandatory pension fund by signing a membership agreement.
If the volunteer member does not make a statement by September 30, 2019, on 01.10.2019 his membership in the Sava Pension Fund will cease. The company will close his individual account and will transfer the total amount of funds to the Pension and Disability Insurance Fund of North Macedonia, i.e. the member will remain insured in the Pension and Disability Insurance Fund of North Macedonia.
The choice to extend or terminate membership in the Sava Pension Fund is personal.
When choosing between continuing or terminating a membership in a compulsory pension Fund, members should consider their age, years of service at membership in a second pension pillar, the expected years of total work experience, the amount of the pension contributions that have been paid so far, the amount of future expected contributions which will be paid for by other factors.
Our expert team, in cooperation with state institutions, is at your disposal for any information that will enable you to independently make a decision about your further membership in a mandatory pension fund.
In order to make the choice that is in your best interest, we recommend you to contact the telephone number of the Company 02 / 15-500, to the e-mail address contact@sava-penzisko.mk or visit us at our office at st. Mother Theresa No.1,Skopje.
We assure you that we are fully investing our expert pension fund management capacities and advising our members to make decisions about their own future based on information and facts and the best possible assessment of expectations and risks.
With respect,
Sava Pension Company ad. Skopje
Supervisor of fully funded pension insurance is the Supervisory Agencyof Fully Funded Pension Insurance (MAPAS) www.mapas.mk tel. 02 3224 229