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Lower retirement age to cost Poland PLN 54 bln – ZUS head

According to Social Security fund (ZUS) President Gertruda Uścińska the cost Poland will bear between 2017-2021 for lowering retirement age will reach PLN 54 billion. “We’ve analyzed how similar changes to the law in the past affected workers, and we’ve calculated that 82 percent of those able to re...

Locked content Comarch with cheapest offer in tender for ZUS IT systems

Software company Comarch has made the cheapest offer in the tender for the maintenance of ZUS IT systems with a bid of PLN 242 million. There were two other bids – one from Asseco at PLN 374 million and finally Atos at PLN 431 million. The budget for the work is PLN 374 million. ZUS’s…

OFE to transfer PLN 7.74 bln to ZUS in 2018

Private pension funds OFE will transfer PLN 7.74 billion to the Social Security fund ZUS under the pre-retirement asset shift next year and will receive PLN 3.27 billion in transfers from ZUS, according to ZUS financial plan for next year.

OFEs transfer PLN 1 bln to ZUS in Q1

Private pension funds OFEs transferred PLN 1 billion to the social insurance board ZUS under the pre-retirement asset shift in Q1. In the same period, OFEs received PLN 836.5 million in transfers from ZUS.

Locked content Micro-firms may pay lower contributions starting 2018

Social security (ZUS) contributions for microenterprises may be lowered as early as January 2018, Minister Henryk Kowalczyk told TV Republika. Currently, all micro firms pay a lump sum contribution of at least PLN 1,200 a month. “It is a barrier to entrepreneurs, and many decide to terminate t...

Locked content ZUS transfers PLN 175.5 mln to OFEs this week

Poland’s Social Insurance Board (ZUS) transferred PLN 175.5 million to the open pension funds (OFE) In March transfers have so far amounted to PLN 296.6 million and in 2017 transfers have reached PLN 734.1 million. Last year, ZUS transferred PLN 2.88 billion to OFEs. Poland has been transferri...

Locked content ZUS transfers PLN 208.14 mln to OFE in January

Social Security fund ZUS announced Thursday that it has transferred PLN 137.92 million in cash to open pension funds (OFEs) in January. In total, ZUS transferred PLN 208.14 million to pension funds this month. Throughout 2016, ZUS transferred PLN 2.88 billion to OFEs. In 2015, the sum stood at PLN 2...

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...