27.3.2019
Public Announcement regarding the launch of the Global Money Week in 2019
The Agency for Supervision of Fully Funded Pension Insurance (MAPAS) and the Private Pension Companies - KB First Pension Company AD Skopje and Sava Pension Company a.d. Skopje have started today with educational activities to mark the Global Money Week 2019. On the first day of the week, the Agency together with the companies held presentations in six high schools in the City of Skopje, which included around 300 students in:SUGS "Panche Arsovski"; SUGS "Nikola Karev"; SUGS "Orce Nikolov"; SUGS "Vlado Tasevski"; SUGS "Zefljush Marko" and SUGS "Josip Broz Tito".
In SUGS "Orce Nikolov", the chairman of the Council of Experts, Maksud Ali, and the directors of the two pension companies Vesna Stojanovska and Mira Shekutkovska, held an educational presentation in front of the fourth-year students, through which they emphasized the importance of money and the need for its proper management from the earliest age. They stressed that:
WHILE WE ARE YOUNG, WE LEARN, WE WORK - WE EARNMONEY AND WE SPEND;
HOWEVER, WE MUST SAVE IN ORDER TO HAVE MONEY WHEN WE ARE NO LONGER ABLE TO WORK;
THE LONGER AND THE MORE WE SAVE, THE MORE EARNINGS WE WILL HAVEIN OUR SENIOR YEARS;
THEREFORE, THE ATTITUDE TOWARDS THE WORD ‘PENSION’ SHOULD NOT BE DISTANT, BUT EVEN AS YOUTHS WE SHOULD VOLUNTARILY START TO SAVE, OR OBLIGATORILYSTARTING WITH THE FIRST SALARY.
The students showed a particular interest in the topic of investing the assets of the pension funds in various financial instruments and the possibility of additional savings in the voluntary pension funds, which funds they consider to be personal and the possibility of inheritance is considered one of the benefits that should stimulate such savings from an earliest age.
MAPAS has been conducting financial education activities for several years as a member of the Coordinative Body of the Regulatory Institutions for Financial Education and Financial Inclusion in RNM, together with the National Bank of RNM, the Ministry of Finance, the Insurance Supervision Agency (ASO) and the Securities and Exchange Commission;
THE MOTTO OF THE GLOBAL MONEY WEEK FOR 2019 IS
“LEARN.SAVE.EARN”
In this year, the Agency together with the two pension companies will conduct educational presentations in 20 secondary schools in several cities in the country.
The Agency together with the pension companies continues with education and marketing campaigns for increasing the financial literacy and financial inclusion, especially for young people, as our future members of the mandatory and voluntary pension funds.