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Montenegro - Pension Policy Challenges in 2020 (Английский)

Since 2004, pension reform in Montenegro has been actively implemented through a series of measures, some of them right and some debatable. Parallel to the standard raising of retirement age, widening of the calculation period, introduction of pension points formula instead of accrual formula, and tightening of disability and survivors’ eligibility, the Montenegrin government frequently intervened in the system by allowing early retirement and ad...
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