Locked content Sygnity lands deal with ZUS

A consortium led by IT provider Sygnity has signed a deal with Poland’s Social Insurance Institution, Zaklad Ubezpieczeń Spolecznych (ZUS) for the delivery of integrated data warehouse software, the company reported. The value of the contract will not exceed PLN 53.3 million, Sygnity’s r...

Locked content OFE net assets value fell 3.7% m/m

The net assets of the Polish private pension funds (OFEs) amounted to some PLN 153.72 billion at the end of June, a decrease of 3.7 percent month-on-month, according to a report issued by Analizy Online. The financial transfer from the Social Insurance Institution (ZUS) to the OFEs stood at PLN 137....

Locked content OFE net assets value fell by 1%

The net assets of the Polish private pension funds (OFE) amounted to some PLN 159.62 billion at the end of May, a decrease of 1.01 percent month-on-month, according to a report issued by Analizy Online. It has been the first decline since the beginning of the year. “The recent WSE downturn had a neg...

Locked content President of ZUS resigns

Zbigniew Derdziuk, the president of the Social Insurance Institution (ZUS) handed in his resignation to Prime Minister Ewa Kopacz, the Polish Press Agency reported. “I have completed my mission, I can leave with a clear conscience,” Derdziuk said in the statement. Zbigniew Derdziuk had b...

Locked content OFE net assets value grew by 1% in January m/m

The net assets of the Polish private pension funds (OFE) amounted to some PLN 150.6 billion, an increase by 1 percent month-on-month, according to a report issued by Analizy Online. “The recent WSE upturn had a positive effect on the OFE fund results. The net assets increased by PLN 2 billion,” the ...

Locked content Corruption suspected in state pension institution

The Central Anti-Corruption Bureau (CBA) has detained 14 people in an investigation concerning tenders for the IT system of the Social Insurance Institution (ZUS). The group includes three people working in the institution’s IT systems management department, Renata Mazur from the prosecutor’s office...

Locked content More than 2.5 mln Poles chose private pension funds

The number of Poles who have decided to divide their pension contributions between the Social Insurance Institution (ZUS) and private pension funds (OFEs) totals 2.56 million, ZUS said on Monday, summing up more than two weeks of counting. Following a pension system reform, Poles were entitled to a ...

ZUS with PLN 3 bilion less than expected

The Social Insurance Institution (ZUS) notes, according to Puls Biznesu, that it’s income in first half of 2014 was PLN 65.8 billion. This result is PLN 0.3 billion lower than in the first two quarters of 2013. It is the first decline since 2008.

Locked content OFEs popular despite obstacles

Some 2.53 billion of Poles chose to remain with remain private pension funds (OFEs), the Social Insurance Institution (ZUS) announced on Wednesday. Although the OFE option was not advertised and required signing a special document (whereas the ZUS option did not), the number of people remaining with...

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...