Pension or fraud
Imagine working your entire career honestly, paying taxes and social insurance contributions (in Slovakia). You have a gross wage of 970 euros. You and your employer together pay 310 euros per month in social insurance contributions over 41 years, and you receive a pension of 446 EUR per month for 12 years.
Calculate how much you have overpaid and how much more you contributed to the pension system than you will receive back.
Calculate how much you have overpaid and how much more you contributed to the pension system than you will receive back.
Final Answer:
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Math student
pension scheme in working only if there are plenty of young workers in population.
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