Bill to address pension fund financial shortcomings approved

Lawmakers in the Legislative Assembly (AL) discussed and unanimously approved a bill yesterday aimed at strengthening the pension fund’s financial resources. The bill received unanimous support, with all lawmakers voting in favor. As the Times previously reported, the bill establishes a flexible mechanism allowing the government to transfer funds from the general account to the pension account to consolidate resources and ensure the system’s sustainable operation. According to the government’s calculations, without the new mechanism, the local pension system covering the pensions and subsidies of civil servants enrolled in the system would f…