{"id":464510,"date":"2019-01-29T15:51:07","date_gmt":"2019-01-29T14:51:07","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=464510"},"modified":"2019-01-29T15:51:07","modified_gmt":"2019-01-29T14:51:07","slug":"algeria-pensioners-fund-announces-future-stability-of-the-financial-deficit","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/01\/29\/algeria-pensioners-fund-announces-future-stability-of-the-financial-deficit\/","title":{"rendered":"Algeria: pensioners&#8217; fund announces future stability of the financial deficit"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The director general of the National Pension Fund (CNR), Slimane Mellouka, said on January 23, 2019 that the financial deficit of the institution will know a stability soon.<\/p>\n<p>&#8220;There will be some stability in the financial deficit of the fund in the coming years, since there has been a regression of pension records in 2018 with the repeal of provisions for retirement before the legal age. Also, we foresee a transition from the deficit of the order of 600 to 610 billion dinar Algerian in 2019, &#8220;he said on a local radio.<\/p>\n<p>Slimane Mellouka recalled, moreover, the measures already taken by the public authorities to deal with the deficit of the fund induced by the very large number of early retirements.<\/p>\n<p>&#8220;The state is considering mechanisms to reduce operating costs targeting all the organizations of the social security system, in addition to the development of employment policy to increase the number of contributions,&#8221; added M Mellouka, expressing his desire to return to the equilibrium situation of 1 pensioner for 5 contributors.<\/p>\n<p>Note that the CNR closed the year 2018 with a deficit of 560 billion DA.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The director general of the National Pension Fund (CNR), Slimane Mellouka, said on January 23, 2019 that the financial deficit of the institution will know a stability soon. &#8220;There will be some stability in the financial deficit of the fund in the coming years, since there has been a regression of pension records in 2018<\/p>\n","protected":false},"author":536748,"featured_media":464515,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046],"tags":[12996,15786],"class_list":["post-464510","post","type-post","status-publish","format-aside","has-post-thumbnail","category-leaders-en","tag-algeria","tag-cnr","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Algeria: pensioners&#039; fund announces future stability of the financial deficit - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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