Will the Polish pension system go bankrupt?

Jakub Sawulski, Iga Magda and Piotr Lewandowski

No 02/2019, IBS Policy Papers from Instytut Badan Strukturalnych

Abstract: How will the rapid ageing of the population affect pension expenditure in Poland? Jakub Sawulski, Iga Magda and Piotr Lewandowski show that pension expenditure will remain at a level similar to now until 2060. The most important factor preventing an increase in pension expenditure will be a drop in the level of pension benefits. The average replacement rate (the ratio between a person’s first pension and their last salary) will fall by more than double in Poland, which will be the largest fall among all EU countries.

Keywords: pension system; pensions; public finance (search for similar items in EconPapers)
JEL-codes: H50 H55 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2019-05
New Economics Papers: this item is included in nep-age, nep-pbe, nep-pub and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ibt:ppaper:pp022019

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