Locked content ZUS with 76,800 decisions in Q2 due to retirement law – MRPiPS

In the second quarter, there were about 76,800 decisions released in relation to retirement due to the lowering of the retirement age. About 60,100 decisions were completed with payment – informed the Ministry of Family, Labor and Social Policy (MRPiPS). In Q1 2018, about 120,900 decisions wer...

Labor Ministry: 424k pension applications filed

According to the Ministry of Labor, some 424k pension application applications have been filed in September to the Social Security fund (ZUS), resulting from lowering the retirement age which came into force in October last year. “The impact of the lower retirement age was not as strong as initially...

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...

Locked content Polish pensioners with PLN 3.11 bln debt – report

According to data in the National Debt Registry (KRD), there are 238k indebted pensioners in Poland with PLN 3.11 billion debt combined. In 12 months, the value of pensioners debt increased by PLN 350 million. The average debt stands at PLN 13,000, and the record-holder, a 78-year-old resident of Si...

Locked content Some Poles will not receive retirement pensions: ZUS plan

People who have made social security contributions for too short a period will not receive any retirement pension, but instead will receive a cash payout. The government will be examining this proposal made by the Polish Social Insurance Board (ZUS). Prime Minister Beata Szydło announced at the begi...

Locked content Sejm to lower retirement age in 2017?

The retirement age should be lowered in a year, effective as of 1 October 2017. That is the recommendation of a Sejm subcommittee, which has completed work on a presidential draft law on lowering the retirement age to 60 for women and 65 for men. The chairman of the subcommittee Jan Mosiński (PiS) g...

Locked content Duda proposes law on lowering retirement age

The Polish president, Andrzej Duda, has proposed a law that would reduce retirement age for women down to 60 and for men to 65 years of age. He wants to make sure that people who are willing and able to work will have the possibility to continue doing so. Duda announced at a press conference…

Locked content More than 2.2 mln OFE re-applicants

As of August 7, more than 2.2 million Poles have declared that they want part of their pension contributions to private pension funds (OFEs), according to data provided by the Social Insurance Institution (ZUS). The figure exceeds earlier estimates. A week earlier ZUS president Zbigniew Derdziuk sai...

Locked content ZUS: 1.7 mln OFE re-applicants

The wild rush this Thursday to re-apply to the OFE private pension funds resulted in 1 million 577 thousand applications. A further 100-150 thousand is expected to arrive via post, claimed Social Insurance Office (ZUS) president Zbigniew Derdziuk. TVN24 BiŚ reported that ZUS serviced 200,000 applica...