It has been a priority for the Ministry for National Economy to secure the pensions of citizens.

Until 31 March 2012 it is still possible to leave private pension funds and join the social security (state) pension system. Yesterday such an amendment was submitted to parliament which, provided it is approved, secures that returns due to pension fund members who opt for joining/returning to the state pension system are exempt of tax.

For the Ministry for National Economy it is of paramount importance that the pensions of citizens are as safe as possible. To this end, we consider it a key initiative that similarly to previous regulation everybody who joins the state pension system, which provides predictability and security, should now also obtain his/her tax-exempt real returns and membership fees.
Consequently, the Ministry for National Economy supports the adoption of the proposal.

(Ministry for National Economy)