Savings Of Belarusians May Turn Into "Dust"

• 22.09.2021, 9:00

The new draft decree does not provide for insurance against devaluation risks.

Savings may turn into dust: the Belarusians will be offered a defenseless mechanism for insuring pensions.

According to the draft of the new decree of Cockroach, employees will be offered to pay an additional voluntary contribution to their retirement savings. It's up to the employee to decide how much, but it can't exceed 10%.

At the same time, the system does not provide mechanisms to protect savings from inflation and depreciation. This means that at some point, honestly earned savings for old age can turn into dust.