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Modernization of ZUS IT system creates delays in payments to pension funds

Pension funds are expressing shock after discovering upcoming delays in transfers of social security premiums from newspapers. On Tuesday, the Social Insurance Company (ZUS) announced that between June and September its transfers to pension funds could be some 10% lower than they should be, due to the modernization of ZUS's IT system. "It looks like this improvement [of the IT system] is going to make things worse. This is rather dangerous, considering that things are not good at present to begin with," a president of one of the pension funds told Prawo i Gospodarka. ZUS president Ale ksandra Wiktorow claims that the pension funds were informed of the an ticipated complications in advance. (Prawo i Gospodarka, p. 2) T.J.

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