Study and proposals for Pension Reform by ALTAX

Study and proposals for Pension Reform by ALTAX

ALTAX presents today a detailed study on the challenges and necessary reforms for the pension system in Albania. This analysis highlights current issues such as population aging, high emigration, and the informal economy, and proposes concrete measures for a more sustainable and inclusive system.

The aim of this analysis is to provide a thorough assessment of pension reform in Albania, examining current challenges, possible alternatives, and their impact on the economic and social system.

A well-structured pension reform should be based on clear fiscal and actuarial analysis. An integrated approach that combines changes to the existing system, the expansion of private pensions, and incentives for greater participation in the scheme would help ensure the long-term sustainability of the pension system in Albania.

Key recommendations include:

🔹 Raising the retirement age
🔹 Unifying pension schemes
🔹 Formalizing the labor market
🔹 Promoting private schemes and better fund management

These recommendations and proposals for an effective approach, which you can read in the full study, aim to ensure financial stability and social protection for citizens. The study will be presented as part of ongoing discussions on reforming the pension scheme.

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