Poland: Pension Scheme Reform to be Eased

Politics ♦ Published: September 28, 2013; 13:19 ♦ (Vindobona)

At the beginning of September, Poland´s government decided to re-nationalize the pension system. Now, the government considers relativizing the reform.

Poland: Pension Scheme Reform to be Eased / Picture: © Wikipedia / Gnesener1900

In 1999, Poland privatized its pension funds partially. The big part of the pension scheme is based on bond holdings. At the beginning of September, Poland´s government decided that the privately managed pension funds will be transferred back to the public social security system. The Polish government could ease back on its recent pension system reform

According to Poland´s…