OFE and ZUS: yet only 2 days left to decide – Polish Radio

At the store to choose OFE mainly young people. Older people prefer to make this part of their contributions was getting on the sub-account in ZUS. Photo: Glow Images / East News

As of April 1, when the transfer window was opened, to ZUS received 10,000 statements. As noted in an interview with IAR president of the Chamber of Pension Funds Margaret Rusewicz most concerned the desire to transfer part of the contribution to pension funds.

Low interest transfer window

The interviewee Information Radio Agency admitted that if the movement when it comes to the submission of claims is small. To take, however, whether to change the decision, where it hit 2.92 percent of pension contributions, it is time for the end of July.

Young people often choose OFE, the elderly – Social Insurance

Wieslaw Taranowska of the Supervisory Board of the Social Insurance Institution told IAR that to save the OPF decide first of all young people.

the elderly prefer to make this part of their contributions was getting on the sub-account in ZUS . Wieslaw Taranowska indicated that any contribution that is received by the Department does not diminish its capital and is still indexed every year.

Open Pension Funds and can earn but can also lose. It is therefore a risk, which can take people who lack retirement years.

Open Transfer window allows you to transfer part of pension contributions to pension funds. Is it worth it, explains Margaret Rusewicz, President of the Chamber of Pension Funds.

ZR. Chief editors of Commerce Polish Radio

In the 10 years before the retirement age of the insured premiums of open pension funds are gradually transferred to the Social Insurance Institution. This is the so-called “safety slide”.

open pension funds may not invest in bonds

The assessment by the government of Donald Tusk to amend the rules of the pension system made OFE not They may invest in bonds. However, they may buy other securities, including stocks.

The OFE collected 143 million zł, of which 130 billion zł in the stock market

President Margaret Rusewicz indicated that the current assets of OFE amount to 143 billion dollars. She explained that more than 80 percent of assets or more than 130 billion OFE have on the stock market.

10 billion zł invested in corporate bonds

A little more than 10 billion is invested in various types of corporate bonds. Part of the funds while located in the deposit, due to the operation of the safety slide. Liquidity also require transfers between funds, even though they are few. And that’s it.

Investment opportunities have been exhausted by the regulations. According to the president Rusewicz would be good if expanded investment opportunities for pension funds.

Both Margaret Rusewicz and Wieslaw Taranowska emphasize that saving for retirement only in the mandatory system is very low benefits in the future. That is why Poles should think about the additional accumulation of money for this purpose, so that the standard of living after leaving the labor market, was similar to that to which accustomed to being active professionally.

IAR, jk