State Audit Office determined that the Pension and Disability Insurance Fund is in total chaos

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The State Audit Office (SAO) after conducting an audit of the Pension and Disability Insurance Fund, informed that they have expressed an opinion with a reservation regarding the true and objective presentation of the financial statements and the compliance of the activities and financial transactions with the relevant legislation, guidelines and established policies.

“The SAO carried out an audit out and a report was issued on the financial statements along with a compliance audit of the Pension and Disability Insurance Fund of Macedonia for 2020, where an opinion was expressed with a reservation about the truthfulness and objectivity of the financial statements and about compliance with legislation, guidelines and established policies,” reads the summary of the SAO report, which is publicly available.

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