1. THE ROLE OF REGOS IN THE PENSION SYSTEM

2. In 1998 pension reform was put into effect by amending present and adopting new law regulations In 2000/2001 new institutions were founded: HAGENA – supervisory institution (now HANFA)HAGENA – supervisory institution (now HANFA) REGOS – technical support to the II pillar pension insuranceREGOS – technical support to the II pillar pension insurance In 2002 reformed pension system started operating In 1998 pension reform was put into effect by amending present and adopting new law regulations In 2000/2001 new institutions were founded: HAGENA – supervisory institution (now HANFA)HAGENA – supervisory institution (now HANFA) REGOS – technical support to the II pillar pension insuranceREGOS – technical support to the II pillar pension insurance In 2002 reformed pension system started operating Pension Reform

3. New Pension System I pillar – generation solidarity II pillar – individual capitalized savings III pillar – voluntary capitalized savings I pillar – generation solidarity II pillar – individual capitalized savings III pillar – voluntary capitalized savings 15 % 5%

4. INSUREDPERSONINSUREDPERSON Reformed system (principles) GENERATIONSOLIDARITY OBLIGATORYCAPITALIZEDSAVINGSOBLIGATORYCAPITALIZEDSAVINGS 5 % 15 % VOLUNTARYCAPITALIZEDSAVINGS PENSIONS PENSIONS

5. MembersMembers All employees under the age of 40 Employees between 40 and 50 may participate Part-time jobs All employees under the age of 40 Employees between 40 and 50 may participate Part-time jobs

6. REGOS Services 1.Registration and change of membership 2.Accepting and processing of R-Sm Form, 3.Managing function of Central accounting (CAM) 4.Managing and maintaining the Register 1.Registration and change of membership 2.Accepting and processing of R-Sm Form, 3.Managing function of Central accounting (CAM) 4.Managing and maintaining the Register

7. Receiving registrations into pension fund 1. Receiving registrations into pension fund REGOS DESK REGOS DESK identification of insurees selection of pension funds choosing the method for receiving information choosing the address for information signing the registration form BASIS OF INSCURANCE UNKNOWN? PENSION FUND ARCHIVE DATA FILING UNFINNISHED REGISTRATION YES OPENING INSUREE’S PERSONAL ACCOUNT NO REGPRIJAVAREGISTRATION

8. 2. Accepting and Processing the RS-m Form Basic purposes of the R-Sm Form: Data collecting on contributions for Obligatory pension insurances, Recording data into the Register Matching data to the related Pillar II and Pillar I payments of part-time jobs, Replacing the present 9 Forms by the R- S/R-Sm Form Basic purposes of the R-Sm Form: Data collecting on contributions for Obligatory pension insurances, Recording data into the Register Matching data to the related Pillar II and Pillar I payments of part-time jobs, Replacing the present 9 Forms by the R- S/R-Sm Form

9. Tributaries for Submitting Data Employers Fees payers Self-employed Part-time job payers Employers Fees payers Self-employed Part-time job payers

10. Means of Submitting the R-Sm Form Electronically On magnetic carrier On paper Electronically On magnetic carrier On paper

11. 3. Managing Central Accounting Transfering associated II pillar contribution payments to obligatory pension funds and societies, Converting paid savings into unit, Registering paid contribution amounts on personal accounts of fund’s members, Transfering total capitalized savings with the goal of achieving the rights from pension insurance Transfering associated II pillar contribution payments to obligatory pension funds and societies, Converting paid savings into unit, Registering paid contribution amounts on personal accounts of fund’s members, Transfering total capitalized savings with the goal of achieving the rights from pension insurance

12. 4. Managing and maintaining the Register Reference sources in the Register: Registration of insured persons R-Sm Form Statement of II pillar account Offprint Statement of I pillar account Reference sources in the Register: Registration of insured persons R-Sm Form Statement of II pillar account Offprint Statement of I pillar account

13. Purpose of the Register Data Delivering data to the HZMO(Croatian Pension Insurance Institute) in order to achieve rights from the pension insurance, Delivering data to other institutions, Issuing statements to the insured persons, Statistics,Reporting Delivering data to the HZMO(Croatian Pension Insurance Institute) in order to achieve rights from the pension insurance, Delivering data to other institutions, Issuing statements to the insured persons, Statistics,Reporting

14. Quality Policy The system of quality management according to ISO 9001:2000 standards, verified by the ISO 9001:2000, has been implemented since July 2002

15. We have been relying on two pillars of pension insurance

16. ResultsResults More on results http://www.regos.org/default.aspx?id=12 More on results http://www.regos.org/default.aspx?id=12