The article deals with the topical issues of pension security - positioning of the Slovak second pillar within the European and global context of pension security. The author refers to the constitutional and international obligations of the Slovak Republic to ensure certain rate of replacement of income after attainment of the pension age, which is currently 40%. If benefits from so-called second pillar were not taken into consideration, a large number of citizens of SR would not achieve this amount of allowance from the first pillar only. Another argument in favour of the inclusion of the capitalization pillar in the system of social security law is, by the author´s opinion, also the fact that at world level the characteristics of our second pillar are attributed to the first pillar. On the other hand, the world second pillar has the characteristics of the Slovak third pillar. Moreover, the recent coordination regulation of EU places the old-age pension saving schemes under the regime of this regulation, which explicitly excludes only schemes belonging to the world second pillar (within the meaning of the Slovak third pillar).
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