Functions

In 2025, the Kosovo Pension Savings Trust (KPST) has 38 permanent staff members, headed by: the Managing Director, the Director of Finance and IT, the Director of Investments and the Director of Operations. The entire staff is divided into nine units, respecively: investments, reporting and compliance, information technology, customer service, finance and accounting, public relations, human resources, internal audit and legal affairs.

KPST is located in Prishtina. The institutional structure is designed to effectively manage personal accounts, keep records of contributions, providing a wide range of services to clients, and to inform the public on various aspects of implementation of the new pension program.

Responsibilities

Employers shall declare the obligation to pay pension contributions through the online declaration system at TAK. The declaration shall be made by uploading the list of employees to the online declaration system (EDI) at TAK. After filing a declaration, the online system will produce the relevant payment slips through which payments are made at any commercial banks or licensed institutions for such payments.

If employees are correctly identified in the list declared in the system, and if payment is made in accordance with the rules, then (usually) for three to five business days pension contributions shall be allocated to individual contributors’ pension savings accounts.

Collected contributions are invested in global financial markets and are expected to increase in value with the investment return distributed proportionally among the individual accounts. KPST charges fees on pension assets in order to carry out its functions and responsibilities (investment fee of 0.30% per annum and operating fee of 0.047% per annum), as approved by the Assembly of the Republic of Kosovo.