It is already causing lot of problems for retired people. How much will this problem intensify in future ? This is a problem because where i worked and resigned about 12 years ago, some percentage of our salaries were removed and put into a pension fund to be claimed when we reach certain older years, anyways since then my country's currency has devalued like 1000% till date. I frankly don't know if the pension fund company is going to pay me when I'll be eligible to collect in the old rate when I stopped work or in this current devalued rate, because I believe that they'll pay based on percentage, and it'll be very unfair to use the present devalued rate. If pensioners  retirement benefits are not calculated based on the value of their currency in every year of their services, then it's a cheating on them, because if it's done on the present devalued currency, then they won't get everything that they deserves. He didn't say it isn't. What your company is doing with some of your salary seems normal and is experienced in other companies too, though I don't think this was the reason on why your country's currency's value have declined but this issue is common as well and it was called as inflation. Each country is suffering from it. Don't worry about your contribution, as you are going to get them when you retire but I think you can also make an early loans once you already paid enough. Their rates are going to be the same. We can only hope that the inflation goes down, so that we can properly enjoy the money that we worked hard for many years.
It is already causing lot of problems for retired people. How much will this problem intensify in future ? This is a problem because where i worked and resigned about 12 years ago, some percentage of our salaries were removed and put into a pension fund to be claimed when we reach certain older years, anyways since then my country's currency has devalued like 1000% till date. I frankly don't know if the pension fund company is going to pay me when I'll be eligible to collect in the old rate when I stopped work or in this current devalued rate, because I believe that they'll pay based on percentage, and it'll be very unfair to use the present devalued rate. If pensioners  retirement benefits are not calculated based on the value of their currency in every year of their services, then it's a cheating on them, because if it's done on the present devalued currency, then they won't get everything that they deserves. He didn't say it isn't. What your company is doing with some of your salary seems normal and is experienced in other companies too, though I don't think this was the reason on why your country's currency's value have declined but this issue is common as well and it was called as inflation. Each country is suffering from it. Don't worry about your contribution, as you are going to get them when you retire but I think you can also make an early loans once you already paid enough. Their rates are going to be the same. We can only hope that the inflation goes down, so that we can properly enjoy the money that we worked hard for many years.

It is already causing lot of problems for retired people. How much will this problem intensify in future ? This is a problem because where i worked and resigned about 12 years ago, some percentage of our salaries were removed and put into a pension fund to be claimed when we reach certain older years, anyways since then my country's currency has devalued like 1000% till date. I frankly don't know if the pension fund company is going to pay me when I'll be eligible to collect in the old rate when I stopped work or in this current devalued rate, because I believe that they'll pay based on percentage, and it'll be very unfair to use the present devalued rate. If pensioners  retirement benefits are not calculated based on the value of their currency in every year of their services, then it's a cheating on them, because if it's done on the present devalued currency, then they won't get everything that they deserves. He didn't say it isn't. What your company is doing with some of your salary seems normal and is experienced in other companies too, though I don't think this was the reason on why your country's currency's value have declined but this issue is common as well and it was called as inflation. Each country is suffering from it. Don't worry about your contribution, as you are going to get them when you retire but I think you can also make an early loans once you already paid enough. Their rates are going to be the same. We can only hope that the inflation goes down, so that we can properly enjoy the money that we worked hard for many years.

It is already causing lot of problems for retired people. How much will this problem intensify in future ? This is a problem because where i worked and resigned about 12 years ago, some percentage of our salaries were removed and put into a pension fund to be claimed when we reach certain older years, anyways since then my country's currency has devalued like 1000% till date. I frankly don't know if the pension fund company is going to pay me when I'll be eligible to collect in the old rate when I stopped work or in this current devalued rate, because I believe that they'll pay based on percentage, and it'll be very unfair to use the present devalued rate. If pensioners  retirement benefits are not calculated based on the value of their currency in every year of their services, then it's a cheating on them, because if it's done on the present devalued currency, then they won't get everything that they deserves. He didn't say it isn't. What your company is doing with some of your salary seems normal and is experienced in other companies too, though I don't think this was the reason on why your country's currency's value have declined but this issue is common as well and it was called as inflation. Each country is suffering from it. Don't worry about your contribution, as you are going to get them when you retire but I think you can also make an early loans once you already paid enough. Their rates are going to be the same. We can only hope that the inflation goes down, so that we can properly enjoy the money that we worked hard for many years.