POLISH PENSION FUNDS CHAMBER

1
POLISH PENSION FUNDS CHAMBER

• PENSION REFORMS
• IN CENTRAL EASTERN EUROPE

1ST INTERNATIONAL PENSION FUND CONFERENCE MADRID,
13-14.04.2000
2
POLISH PENSION FUNDS CHAMBER

• AGENDA
• 1. DEMOGRAPHIC/ECONOMIC NECESSITY OF PENSION
  REFORM IN THE REGION
• 2. MULTIPILLAR SYSTEM AS THE SOLUTION FOR
  CENTRAL AND EASTERN EUROPE
• 3. FEATURES OF PENSION SCHEMES IN SELECTED
  COUNTRIES
• 4. ADVANTAGES AND RISKS OF FOUNDED SYSTEMS

3
POLISH PENSION FUNDS CHAMBER

• GROWTH IN NUMBER OF PENSIONERS
• 1993 - 1996

SOURCE CENTRE FOR SOCIAL AND ECONOMIC RESEARCH
(CASE)
4
DEPENDENCY RATIOS IN THE REGION(PENSIONERS
/CONTRIBUTORS)
POLISH PENSION FUNDS CHAMBER
SOURCE CENTRE FOR SOCIAL AND ECONOMIC RESEARCH
(CASE)
5
REPLACEMENT RATES IN THE REGION(AVERAGE PENSIONS
AS OF GDP PER CAPITA)
POLISH PENSION FUNDS CHAMBER
SOURCE CENTRE FOR SOCIAL AND ECONOMIC RESEARCH
(CASE)
6
PUBLIC PENSION SPENDING IN CENTRAL AND EASTERN
EUROPE,1990-1995(PER CENT OF GDP)
POLISH PENSION FUNDS CHAMBER
SOURCE WORLD BANK
7
POLISH PENSION FUNDS CHAMBER
SOLUTION FOR THE REGION - FUND SCHEMES INSTEAD
PAYG - SYSTEM

• 1. PIONEERS HUNGARY, POLAND - FUNDAMENTAL
  REFORMS HAS BEEN LAUNCHED
• 2. CROATIA AFTER THE LEGAL APPROVAL WAITING
  FOR START
• 3. OTHER COUNTRIES FOCUSED ON CHANGES IN FIRST
  AND THIRD PILLAR

8
PENSION REFORMS IN THE CENTRAL AND EASTERN EUROPE
POLISH PENSION FUNDS CHAMBER
SOURCE M. RUTKOWSKI - CENTRE FOR SOCIAL AND
ECONOMIC RESEARCH (CASE), WORLD BANK
9
KEY ELEMENTS OF THE PENSION REFORM
POLISH PENSION FUNDS CHAMBER
10
ADVANTAGES / RISKS OF FOUNDED SYSTEMS
POLISH PENSION FUNDS CHAMBER