The European Commission called on Slovenia on Tuesday to enact "stronger measures to ensure the sustainability and adequacy of the pension system and to promote active ageing," in order to improve the long-term sustainability of its public finance.
The Commission also criticised Slovenia's "very gradual increase in the pension age (61 for women in 2013 and 63 for men in 2008)", while financial incentives to work longer are "weak".
While the Commission said that Slovenia carried out several important steps in consolidating public finance, mainly the tax reform, efforts to curb public expenditure and promotion of moderate growth of wages, it is sceptical whether these measures would offset the lower budget revenues, caused by reduced taxes.
Brussels called on Slovenia to "increase the employment rate of older workers" and promote more flexible employment measures.
While the employment rate of the elderly rose to 30.7% in 2005, up 1.7 percentage points over 2004, reaching the 35% target remains a challenge, the Commission wrote in the report.
The document moreover states that Slovenia should set realistic and tangible objectives in promoting investment into research and development.
The Commission published the reports on the remaining EU members as well.
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