Payments (2003)

In 2003, the payers of compulsory pension contributions based on individual capitalized savings paid a total of HRK 2.503.367.719,74 to REGOS" transfer account.

Viewed by months, the payments were as low as HRK 184.661.524,90 in January, and as high as HRK 230.218.822,83 in December.

Paid pension insurance contributions based on individual capitalized savings are forwarded to selected compulsory pension funds (to members" personal accounts) and compulsory pension companies (fee) after they are matched with the data on calculated contribution from R-S Form.

Out of the total payments made between January 1, 2002 and December 31, 2003, 98.99% of these payments were forwarded. In comparison, this percentage was 98,40% in 2002:

Forwarding of contributions for the 2nd pillar as at December 31, 2003

The unallocated funds for paid contributions include the payments that cannot be matched with the data stated by insured persons on the R-S Form, either because the payment was made with an incorrect reference number on the payment document (key for matching the data with the payments), the funds are paid for a newly employed person who still has not selected a fund, or the payment was made by mistake to the 2nd pillar account instead to some other account.