Albania has a total of 721,398 pensioners, of which 604,000 are urban and rural pensioners. The average pension in the country, according to this report, increased by 1,268 lek for the city and 827 lek for the village compared to 2023.
According to estimates, 316 thousand citizens do not receive a full pension because they do not have the full number of years of work, with the greatest impact being directly caused by the failure to declare their employment by businesses, writes A2 CNN.
To receive a full pension this year, a woman or man would have to have 38 years and 4 months of work, but the ISI figures show that the average contributory period for the new 2024 pensions was only 26.6 years of work.
In addition to these factors, another growing threat to pensions is demographics and emigration. The low number of contributors continues to keep the pension scheme in deficit. (A2 Televizion)
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