Kazimir: Calculations for pension age cap not ready yet

The draft state budget, which is set to be debated in the House at its November session, does not take into account the impact of the constitutional bill on introducing retirement age caps at 64 years, Finance Minister Peter Kazimir said at a parliamentary finance committee session that took place on Tuesday. Kazimir defended this situation by saying that the bill in question has not been definitely approved by parliament, and is still being debated. According to Kazimir, the ministry has not yet calculated the exact financial impact of this constitutional bill. "We don't have accurate calculations yet, we don't know its final wording, as it's still being discussed. It's true that it hasn't been included in the budget," said Kazimir.