Notice of the signing of the memorandum with MFLT

The Kosovo Pension Savings Trust (KPST) and the Ministry of Finance, Labor and Transfers (MFLT) have signed the memorandum of understanding for the methodology of reimbursement of 10% of funds withdrawn during the period from December 7, 2020 to April 6, 2021.

According to this memorandum, depending on the budget allocations by the decisions of the Assembly of Kosovo, the accounts that will be reimbursed first in 2023 will be those for which there was a withdrawal of pension funds for reasons of retirement such as cases of death and old age retirement (during the period from December 7, 2020 to December 31, 2023).

This memorandum determines that this methodology will continue to be applied for each subsequent year and until the end of the full reimbursement period (as was foreseen by the relevant legislation), i.e., until the end of 2028.