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In the Republic of Slovenia, the right to a pension is defined as one of the fundamental rights to social security. It is based on the provisions of the Constitution of the Republic of Slovenia, with Article 50 providing that citizens "have the right to social security, including the right to a pension, under conditions provided by law." Thus it defines the nature of the Slovenian pension scheme, which constitutes one of the key elements of a welfare state. An important feature of a pension is their long-term nature, since for the majority of beneficiaries it is the only source of income in their old age. Compulsory insurance is financed by insured persons, employers and the Republic of Slovenia, as well as by the Demographic Reserve Fund and other sources set out in the Pension and Disability Insurance Act - 2 (ZPIZ-2). In 1992, 2000 and 2013, following Slovenia%s independence, three extremely complex systemic pension reforms, as well as a number of other legal changes, were implemented. There had been no substantial divergences between social partners either on the need for reform of the pension and disability insurance scheme, which took effect on 1 January 2013, or on the objectives to be achieved. It is very important that a reform of the existent scheme based on inter-generational solidarity was carried out, which has managed, with adjustments, to overcome economic crises and wars. In the future, further timely minor or major changes and amendments will have to be introduced to secure long-term financial stability and decent pensions - the 2013 reform's two main objectives. The implementation of this rather radical reform of the pension and disability insurance scheme, ZPIZ-2, which has shown to deliver positive results, has proven to be a step in the right direction. However, to ensure the stability of the pension scheme and the whole country, economic growth, new jobs, a stable banking system and financial discipline are required in addition to other reforms. Unless stipulated otherwise under ZPIZ-2, claims under the compulsory insurance scheme need to be submitted to the Pension and Disability Insurance Institute of Slovenia as prescribed by the law governing the general administrative procedure.