The Nationalist Party’s bizarre assertion that government changed its policy on the Second Pillar Pension shows that it does not understand the basics on the subject matter.

The working group which was mentioned by the Finance Minister was promised in the 2016 Budget and talks about “fiscal benefits for employers who promote private pension schemes on a voluntary basis”.

PRESS RELEASE BY THE MINISTRY FOR FINANCE

The Second Pillar Pension Scheme, as proposed by the Nationalist Party, is a national obligatory scheme which would oblige both the employer and employee to a second national insurance contribution. The PN’s proposal means further burdens on employers and employees.

– Tuesday, 29th March, 2016