The biggest pension reform in years

A major pension overhaul is about to take place. Though still in preparation, its execution will likely be very swift. Will it indeed encourage Poles to save up for retirement? How much will labor costs increase and how will it impact the investment market? WBJ sat down with Piotr Kochański and Rafa...

Government adopts draft law on PPK pension scheme

The Council of Ministers has adopted a draft law on employee capital pension plans (PPK), said Prime Minister Mateusz Morawiecki. The Prime Minister stressed that within 10 years the state will pay about PLN 35 billion to Poles in the PPK scheme.