Benefits to Individuals

• Contributions are tax deductible.  In the voluntary pension fund law, there is a limit for this tax deductibility which is the lowest value between 200,000 lekë of contributions and 15% of the gross salary if the member is below 50 years old. If the member is above 50 years old the upper limit is the lowest value between 250,000 lekë and  25% of gross annual salary.
• Investment income is excluded from taxation( on the other hand if you do investments individually you get taxed of interest income).
• Professional management of the assets in the funds offering diversification which it cannot be done by individually trying to  invest.  Investments are selected by professional teams which have experience and can make better decisions that individuals that don’t have a finance profession.  
•  The option of receiving periodic withdrawals while the outstanding amount growth with the  rate of return of the fund.  
• Contributions are tax deductible.  In the voluntary pension fund law, there is a limit for this tax deductibility  which is the lowest value between 200,000 lekë of contributions and 15% of the gross salary if the member is below 50 years old. If the member is above 50 years old the upper limit is the lowest value between 250,000 lekë and  25% of gross annual salary.
• Investment income is excluded from taxation( on the other hand if you do investments individually you get taxed of interest income).
• Professional management of the assets in the funds offering diversification which it cannot be done by individually trying to  invest.  Investments are selected by professional teams which have experience and can make better decisions that individuals that don’t have a finance profession.  
•  The option of receiving periodic withdrawals while the outstanding amount growth with the rate of return of the fund.  

Advantages to Businesses

• Opening a professional scheme for employees differentiates the business from other businesses and makes it more competitive, hiring better employees.
•  Contributions made by the employer in a professional scheme are considered expenses and taxed up to an upper limit of 250,000 Lekë for each member.
• There is a vesting period in the law on voluntary pension funds. up to two years, for  employees if they become part of a professional scheme.
• Decreases employee turn-over.
• Leads to more productive works.