Locked content New pension programs to boost GDP growth by 0.3-0.4% – PFR head

Poland hopes to put PLN 15-20 billion a year into capital markets as a result of its new employer-sponsored pension program, according to the CEO of state investment vehicle PFR Paweł Borys. “They will strengthen the financial base of the corporate sector and bring an increase in the long-term econo...

Locked content Poland to introduce new employee pension programs

Starting from 2019 at the latest, Poland will introduce a new employer-sponsored pension program PPK. “We want to create a system where workers, employers and the state would contribute to the 3rd pillar of the capital system. We are determined to be in place by 2019 at the latest. Even with conserv...