In the period from 1 January to 31 December 2009, a total of HRK 4,636,781,915.26 was paid into REGOS's transitional account by those who were liable to pay contributions for compulsory pension insurance based on individual capitalised savings ("2nd pillar contributions"). Total payments in 2009 were 1.53% higher than those in 2008, when they altogether amounted to HRK 4,565,818,793.29.
These payments include interest payable under Article 11 of the Ordinance on the methods of payment of contributions for compulsory pension insurance based on individual capitalised savings (Official Gazette 01/05) and other payments that could not be identified as 2nd pillar contributions at the time of payment. Refunds to contribution payers are not included.
Chart 4 – Payments of 2nd pillar contributions in 2009 and 2008 (HRK)
In 2009, payments ranged from the lowest, HRK 365,748,296.43 (in February), to the highest, HRK 413,519,016.91 (in December). For comparison, if we take into account the same months of 2008, the lowest payment was recorded in January – HRK 349,042,960.18, and the month with the highest payment was also December, when HRK 430,030,370.52 was paid.
Table 2 – Payments of 2nd pillar contributions in 2009 (HRK)
Chart 5 – Deviations of monthly payments from the monthly average for 2009
Of the total payments made in the period from 1 January 2002 to 31 December 2009, 99.53% have been matched to the data on the contribution liabilities obtained from the R-S/R-Sm Forms and forwarded to CPFs and compulsory pension companies. Non-allocated funds, whose percentage was as low as 0.47%, include payments that could not be matched to data from the R-S/R-Sm Forms and those made on behalf of newly employed persons, who, until then, had not chosen their CPFs.
Chart 6 – Shares of forwarded and non-forwarded 2nd pillar contributions on 31 December 2009