Regulatory Alerts2026-07-28
Added · Updated
Ordinance No. 3 of 16.07.2026 on changing participation and transferring funds of an insured person in a supplementary pension insurance fund
This Ordinance No. 3 of 16.07.2026 establishes the procedures for insured persons to change their participation and transfer accumulated funds between supplementary pension insurance funds. It specifies the application process, requiring notarized signatures for paper applications or qualified electronic signatures for electronic submissions, and outlines the obligations of pension insurance companies to provide information and consultation. The regulation details grounds for refusing to review or transfer funds, sets deadlines for processing applications and objections, and mandates that funds are transferred on the 15th day of the month following the start of the procedure. It also prohibits pension insurance companies and related parties from offering special benefits to insured persons in connection with fund transfers.