
Kosovo Pension Savings Trust (the Trust) is an independent public institution of the Republic of Kosovo. The Trust is established by defined contribution pension model, which means that each contributor saves for pension in a personal account until he/she is retired.
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Each company in Kosovo is obliged to pay contributions, each month for all employees. At the end of each quarter, employer has to report the sum of contributions for three months, for each employee to Kosovo Tax Administration. Data on this report has to comply with payments for contributions that are done by the company to commercial banks.
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Your contributions paid in the Trust are not taxes; they are mandatory savings. The new pension system of Kosova enables Kosovar employees to save for their future. The amount of your pension will directly depend from the amount contributed and from the growth of the assets invested.
more*Before management fee deduction