According to the government’s projected plan, all complies will be required to put a Retirement Savings (Capital) Plan in place for their staff members. These plans will be co-financed by the State, the employers, and employees. Implementation will be progressive according to company total headcount and commence 01 January 2019.
After two years of work, Poland’s government presented its new pensions financing system on 15 February 2018. According to official estimates some 11 million will be affected by the new Retirement Savings (Capital) Plan (9 million from the private sector and 2 million from the public sector). Finance Minister, Teresa Czerwinska – presented the reform and stated “These retirement savings plans aim to encourage employees to save for their retirement.” “At roughly PLN 1,000, the basic pension (app
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