Nearly 116 thousand people stopped collecting in the second pension stage

Since the implementation of the reform, 42.8% of savers have withdrawn from the system. Analyzing the second quarter revealed specific patterns in departures. In that period, approximately 104.5 thousand people ceased saving due to serious illness (accounting for about 0.1% of the total), while 1.7 thousand people stopped contributing because they were approaching retirement (representing about 0.07%).

Furthermore, 5.7 thousand people withdrew a quarter of their savings but opted to remain active savers. During the initial phase of the reform, the majority of departures were attributed to retirement savings, indicating that a previously held misconception regarding the system was corrected. When comparing withdrawal rates across the two pension stages, the second pension stage experienced significantly fewer departures—roughly five times fewer people left compared to the first stage.

Reviewing the first three months of the reform period, an estimated 40% of all participants, totaling nearly 550 thousand people, left the system. Concurrently, the second stage pension funds reported a total asset loss of 4.4%. These figures provide a quantitative overview of the changes in participation and asset levels following the structural reforms.

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