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Erschienen in:
1999 | OriginalPaper | Buchkapitel
The Polish Pension System and its Problems
verfasst von : Zofia Czepulis-Rutkowska
Erschienen in: Transformation of Social Security: Pensions in Central-Eastern Europe
Verlag: Physica-Verlag HD
Enthalten in: Professional Book Archive
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After a long-standing debate and the presentation of diverse pension reform proposals, a new pension system is now due in 1999. This will comprise the introduction of a completely new pension formula; the current defined benefit scheme will be replaced by a defined contribution one. The method of system financing will be changed. The obligatory pension pillar will be split in two, with the first pillar remaining pay-as-you-go (PAYG), as before, and the second now fully-funded.1