Mandatory pension funds

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Mandatory pension funds
Learn more about Raiffeisen mandatory pension funds.


The insured persons that are insured in the system of the mandatory pension insurance on the basis of generation solidarity according to the Pension Insurance Act and which are under 40 years of age must be insured on the basis of the individual capitalized savings in the pension fund which they select themselves. 

The mandatory pension insurance on the basis of the individual capitalized savings is established with the day of establishing of the insurance in the system of mandatory pension insurance on the basis of generation solidarity according to the Pension Insurance Act, and, since that day, the obligation of selecting the pension fund of a specific category ensues. 

Within the term of six months from the day of establishing their mandatory pension insurance, the insured persons are obliged to select a pension fund of a specific category.

Until the day of selection of the pension fund of a specific category, the assets of the insured person are deposited to the temporary account.

If the insured person does not select a pension fund within the term of six months from establishing of the mandatory pension insurance, the Central Registry of Insured Persons will assign him ex officio to the B category pension fund of one of the four pension companies that manage the mandatory pension funds.

IN SHORT: If you got employed or if you work on the basis of the work contract (except for students, authors and artists), you are obliged to select the mandatory pension fund within the term of six months. The procedure of joining is the same for those who change the fund – it is necessary to go to a FINA branch office, to the REGOS counter, and join the fund.