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...

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...

Locked content ZUS systems fail due to high traffic

Social Insurer (ZUS) is experiencing high-volume traffic on its website and onsite terminals. The public services ePUAP platform is also backed up. All of this due to the last day rush of applicants to retain 2.92 percent of their earnings in a private pension fund (OFE). ZUS is experiencing malfunc...

Locked content OFE re-applicants grow in number

The number of re-applicants for private pension funds (OFE) is growing. Until July 24, a total of 906,729 applicants have filed for maintaining a private pension fund account. The number of filings has surpassed 50,000 per day, as we approach the filing deadline of July 31. A recent government decis...

Locked content Depression a huge cost to the economy

The Polish Social Insurance Office (ZUS) has calculated the cost of depression to the nation’s economy. Due to absences, illness benefits and rehabilitation a sum of PLN 760 million is being paid out annually. The National Health Fund (NFZ) spends less on depression, PLN 160 million. Dziennik ...