Pension Reform in Poland

• Autorzy: Agnieszka Chłoń-Domińczak
• Języki publikacji: EN

Abstrakty

EN

Poland introduced a new pension system in 1999. The need for pension reform resulted from high pension expenditures in Poland that peaked in 1995, exceeding 15% of GDP, combined with the projected ageing of the Polish population. The pension system offered relatively high old-age pensions, with an average replacement rate of around 70%. According to the projections, the share of the female and male population aged over 60 and 65, respectively, to the total population would rise from current the 15% to almost 24% by 2030. The combination of these two factors would make the Polish pension system unsustainable in the long run. Additionally, the social security contribution was set at a very high level, 45% of earnings, and could not be increased further. The shape of the reformed system was designed to accommodate demographic challenges and make it less vulnerable to changes on the labour market. (fragment of text)

Słowa kluczowe

EN

Pensions; Pension schemes; Pension system reform

PL

Emerytury; System emerytalny; Reforma systemu emerytalnego

• Czasopismo: Emergo. Journal of Transforming Economies and Societies
• Rocznik: 2002
• Tom: 9
• Numer: nr 1
• Strony: 61--72

Twórcy

autor

Agnieszka Chłoń-Domińczak

• Ministry of Labour and Social Affairs, Poland

Bibliografia

• Chłoń-Dominczak, A. (2000) "Pension Reform and Public Information in Poland". Pension Reform Primer Series, Social Protection Discussion Paper No. 0019. Washington DC: The World Bank
• Chłoń-Dominczak, A., Góra, M. and Rutkowski, M. (1999) "Shaping Pension Reform in Poland: Security through Diversity". Pension Reform Primer Series, Social Protection Discussion Paper No. 9923. Washington DC: The World Bank
• Góra, M. and Rutkowski, M. (1998) "The Quest for Pension Reform: Poland's Security through Diversity". Warsaw: Office of the Government Plenipotentiary for Social Security Reform
• Office of the Government Plenipotentiary for Social Security Reform (1997) "Security through Diversity: Reform of the Pension System in Poland". Warsaw: Office of the Government Plenipotentiary for Social Security Reform
• Orenstein, M. A. (2000) "How Politics and Institutions Affect Pension Reform in Three Post-communist Countries". World Bank Policy Research Working Paper. Washington DC: The World Bank
• Wóycicka, I. (ed.) (2001) "Wydatki socjalne w latach 2000-20. Raport na podstawie modelu: Budżet polityki społecznej" [Social expenditure in 2000-20. Report on the foundations of the Social Policy Budget model]. Warsaw: IBnGR