Legislation / Regulations

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Legislation / Regulations

Voluntary pension insurance on the basis of the individualized capitalized savings is stipulated by the Voluntary Pension Funds Act (The Official Gazette 19/2014) and the ordinances for its implementation.

The mandatory pension insurance on the basis of the individualized capitalized savings is stipulated by the Mandatory Pension Funds Act (The Official Gazette 19/2014) and the ordinances for its implementation.

The Croatian Financial Services Supervisory Agency (Hanfa) was established to perform supervision and control of the operation of pension companies and of pension funds. The Agency has the capacity of a legal person and its seat is in Zagreb. The basic task of the Agency is to protect the interests of members of pension funds and beneficiaries of voluntary pension programs.