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  • Poland belongs to the first wave of pension reformers in Central and Eastern Europe. The Polish pension reform of the late 1990s can serve as a case study for the challenges faced when implementing a radical paradigmatic pension reform towards a privatized DC scheme. This report analyses the background of the original reform, discusses its political, social and economic impact and explains the reasons for later reform reversals. The report stresses that the two re-reform waves, which took place in 2011 and 2013, were mainly driven by fiscal considerations. Since the current system maintains the DC scheme applied to both public and private tiers, the recent reversal of privatization will not improve benefit levels.

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Document Type:Part of a Book
Author:Michał Polakowski, Krzysztof Hagemejer
Parent Title (English):Ortiz, Durán-Valverde et al. (Eds.): Reversing Pension Privatizations. Rebuilding public pension systems in Eastern Europe and Latin America
First Page:233
Last Page:270
Publisher:International Labour Organization
Place of publication:Geneva
Publication year:2018
Keyword:Social Protection; pension schemes; public finance; public sector; social security administration; social security financing
Departments, institutes and facilities:Fachbereich Sozialpolitik und Soziale Sicherung
Dewey Decimal Classification (DDC):3 Sozialwissenschaften / 36 Soziale Probleme, Sozialdienste / 368 Versicherungen
Entry in this database:2020/01/04