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LMC

Legislation Monitoring Centre
 
In Poland there is neither an internet portal nor an institution for employers responsible for monitoring the legislation process of regulations that determine the rules for business activity. At present employers  learn about changes in the law mainly from mass media or simply through the grapevine, usually with delay.

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Last disintegration of OFE

05-08-2016

Let’s be honest, if the state will invest our savings, it will not bring gain rather than private entity – says Łukasz Kozłowski, expert Employers of Poland.
 

The skeleton of new system will be based on the individual pension accounts, to which will be transferred money from the OFE. In framework of IKE there will be additional mechanisms of saving for pensions. The most popular form is so called labor capital budget (PPK) for individuals working in companies which employ above 19 employers.

 

Full article can be accessed here.