Employees are afraid of PPK - report

Bad experiences with pension system reforms make Poles feel reluctant to the Employee Capital Plans (PPK), according to the latest report “PPK through the eyes of Poles” prepared by Kantar Poland on behalf of the Nationale Nederlanden insurance company. Of the 500 surveyed employees of large companies, 61 percent indicate that the factor that makes them pessimistic about the PPK is the risk of their money being taken away by the state  – as it was the case of Open Pension Funds (OFE).
The next concerns include the investment risk (39 percent), limited access to money before the age of 60 (26 percent), and the fact that the PPK is a program created by the government (19 percent).
(300GOSPODARKA)