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The quest for pension reform : Poland's security through diversity

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  • Gora, Marek
  • Rutkowski, Michal

Abstract

This report looks at pension reform recently undertaken in Poland, but draws conclusions with wider applicability. It examines the motivation for reform, the struggle of progressively minded experts and politicians to advance the reform agenda, the architecture of the new system, and issues arising during the transition. The final section offers tentative conclusions and lessons for other countries while highlighting the factors leading to the reform's successful launch (it is too early yet to determine the pension system's success). Factors included enlisting broad popular support for the contents of the reform package; shielding the office for pension reform from political fights, enabling it to focus on its professional tasks; intimately involving the trade unions through several consultations; and lastly, moving quickly to grasp opportunities, that is, taking advantage of the public consensus for pension reform.

Suggested Citation

  • Gora, Marek & Rutkowski, Michal, 1998. "The quest for pension reform : Poland's security through diversity," Social Protection Discussion Papers and Notes 20111, The World Bank.
    • Handle: RePEc:wbk:hdnspu:20111
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    Cited by:

    1. Richard Hinz & Robert Holzmann, 2005. "Old Age Income Support in the 21st century: An International Perspective on Pension Systems and Reform," World Bank Publications - Books, The World Bank Group, number 7336, April.
    2. Marek G??ra, 2003. "Reintroducing Intergenerational Equilibrium: Key Concepts behind the New Polish Pension System," William Davidson Institute Working Papers Series 2003-574, William Davidson Institute at the University of Michigan.
    3. Krzysztof Kompa & Dorota Witkowska, 2014. "Pension Funds in Poland: Efficiency Analysis for Years 1999-2013," Dynamic Econometric Models, Uniwersytet Mikolaja Kopernika, vol. 14, pages 105-124.
    4. Whitehouse, Edward, 1999. "The tax treatment of funded pensions," Social Protection Discussion Papers and Notes 20126, The World Bank.
    5. Richard Disney & Robert Palacios & Edward Whitehouse, 1999. "Individual choice of pension arrangement as a pension reform strategy," IFS Working Papers W99/18, Institute for Fiscal Studies.
    6. Grimmeisen, Simone, 2004. "Path dependence and path departure: Analysing the first decade of post-communist pension policy in Hungary, Poland and the Czech Republic," Working papers of the ZeS 01/2004, University of Bremen, Centre for Social Policy Research (ZeS).
    7. Börsch-Supan, Axel, 2003. "What are NDC Pension Systems? What Do They Bring to Reform Strategies?," MEA discussion paper series 03042, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    8. Velculescu, Delia, 2011. "Private Pension Systems in Emerging Europe: The Uncertain Road Ahead," MPRA Paper 88969, University Library of Munich, Germany, revised 2011.
    9. Barr, Nicholas, 2002. "Reforming pensions: myths, truths, and policy choices," LSE Research Online Documents on Economics 286, London School of Economics and Political Science, LSE Library.
    10. Disney, Richard & Whitehouse, Edward, 1999. "Pension plans and retirement incentives," Social Protection Discussion Papers and Notes 20851, The World Bank.
    11. Palmer, Edward, 2001. "The New Swedish Pension System," Discussion Paper 36, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    12. Góra, Marek, 2003. "The New Polish Pension System: An Example of a Non-orthodox Approach to Pension Reform," Discussion Paper 168, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.

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