DSS-ky will be able to invest from 2 pillars in projects in Slovakia
MEPs discussed the amendment in a shortened procedure.
BRATISLAVA. Pension management companies (DSS) will also be able to invest assets from the second pillar in infrastructure projects in Slovakia.
This stems from the amendment to the Old -age Pension Savings Act, which MEPs National Council They finally approved on Thursday. They discussed the rule of law in a shortened legislative procedure.
Investments in the development of the economy
After the new one, the DSS will be able to voluntarily decide that part of the managed savings will invest in securities. alternative investment funds.
However, these must be part of important infrastructure projects of societal importance in the territory of the Slovak Republic. Projects should bring economic or social benefits, especially in the field of transport, social or energy infrastructure.
It is not a wilderness, says DSS Allianz chief about the use of money from II. pillar for the construction of highways Read
According to the Ministry of Labor, these investments should be complementary within the second pillar, suitable for diversification.
The upper limit for the overall exposure to the alternative investment fund will be 5 percent of the net assets in the pension fund. This currently amounts to around EUR 800 million.
« The total volume of assets in the administration of pension management companies was at the beginning of April 2025 at approximately EUR 16.6 billion. Financial instruments suitable for direct financing of demanding infrastructure projects using assets in pension funds in regulation are absent, » the Ministry of Labor said.
Currently, according to the resort, DSS place assets in the second pillar mostly in stock investments that follow the development of the world economy.
A substantial part of the assets are focused on the US, to a lesser extent on Europe or advanced Asian markets. The Ministry of Labor wants to redirect part of the investments of pension funds to Slovakia.
« On the basis of the submitted proposal, pension management companies could use assets in pension funds to finance the development of the real economy in various, even more demanding, infrastructure projects in the territory of the Slovak Republic, such as the construction of real estate for rental housing, completion or modernization of public transport network and energy network, Green infrastructure, ».
The amendment to the progressives did not pass
MEPs rejected an amendment of the opposition PS to increase levies to the second pillar.
The movement proposed that they increase from the current 4 percent to 6 percent next year and would then increase by another 0.25 percentage point (PB) each year until they reached 7 percent.
« The petitioners believe that the best and most effective way to protect and evaluate savings of savers in the 2 pillar is gradually increasing the percentage of levy to the 2 pillar, » the petitioners explained.
The amendment will be effective on the date of the announcement.
