Why the proposal matters
The draft Act establishes a fund that would manage approximately EUR 16.83 billion in state assets. In its current form, it is designed primarily as an instrument for the long-term financing of pensions and policies supporting older people and families.
IDP supports the establishment of the fund but stresses that demographic policy cannot be reduced to financing the consequences of ageing. A development function is also needed: early warning, municipal projections, adaptation of services, housing policy, skills development, healthy ageing, productivity and integration.
Pension funding remains protected
The proposed model preserves the 40% dividend allocation to the pension system and does not reduce the planned pension contribution.
A stable development resource
Five per cent of dividends would amount to approximately EUR 14.8 million annually under the planned 2027 return.
Measuring outcomes
A proposed annual report would track demographic indicators and programme results, rather than financial returns alone.
An open and transparent system
Funding would be allocated through open calls, independent evaluation and public disclosure of results.
The proposal does not oppose the establishment of the fund. It calls for a substantive upgrade: from a financial buffer to a permanent instrument of pension security, demographic resilience and adaptation.