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Poland has no immediate plans to alter pension system - dep Labor Min

14:50

Poland has no immediate plans to alter its pension system and views talk of transferring all pension fund assets into a single-state-run fund as premature, as discussion on changes to the system will start no sooner than in August, the deputy Labor Minister Marcin Zieleniecki told PAP.
"It seems that the media have picked up the subject that, for now, is no subject at all," Zieleniecki said. "It's not even a loose idea." "For now we are waiting for the close of the transfer window; then we will be able to judge the current model." the official said. "To end-July we will make no moves and will return to the issue of any changes to the system in August." Rzeczpospolita said last week that the government of Poland is planning to  merge existing private pension funds OFE into one fund managed by a stated-owned company.

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