Restructuring, privatization and rehabilitation has resulted in many job losses. Our first clients were big companies with many redundancies. We have something like that, but only for companies with redundancies. Individuals cannot buy insurance because of the unclear legal situation. 3,000 - not so big, but our goal was and is to develop a good program and create trust.
Some contracts specify pensions for life or even longer, ie, they become family property.
This is a serious obligation. The Pension Insurance Fund is, unfortunately, facing difficulties. It is a stopgap solution. Capital cover is something else. We open an individual account for each pensioner and the funds employers provide in a lump sum or maximum of 36 monthly installments are capitalized.