Occupational Pension Scheme in Poland

This chapter describes and analyses the structure and performance of the occupational pension system in Poland, highlighting its strengths and weaknesses. The chapter examines the demographic implications for supplementary schemes and such factors as a sharp increase in the number of people over 65, permanent changes in dependency ratio and low savings rates. The study assesses the recent development of the occupational pension schemes and discusses the key elements of the proposals of the mandatory occupational capital plans in Poland. The voluntary occupational plans in Poland are still in an initial phase of development and have good developmental prospects (only 3% of insured people are covered). The political processes that shaped the country-specific pension arrangements in 1999 had important implications for subsequent reform possibilities, but the presented reform proposals need further detailed elaborations.