ZUS transfers PLN 42.9 mln to OFEs this week

Social Insurance Board (ZUS) transferred PLN 42.9 million to the open pension funds (OFE) this week. Overall, in March, the transfers amounted to PLN 295.4 million so far, while this year’s transfers have reached PLN 797.7 million. Last year, ZUS transferred PLN 2.93 billion to OFEs. Poland has been transferring a portion of the Poles social security premium to their private pension fund accounts since 1999.