Small pensions in Poland

For the first time in the coming year employees will retire whose pension will come from a pension fund. It is already clear now that they will receive less, because the stock markets have suffered such losses. For this reason Gazeta Wyborcza attacks the pensions policies of previous governments: "Already next year the first people will receive pensions of which initially a small part will come from the fund. Their pensions will be at least ten Złoty lower than one would have estimated a few months ago. Although that is not very much, for the poor every penny counts. And for all of us the feeling that our pensions are safe counts ... Now the [pension] volume has been reduced to zero! The last three goverments of the SLF [post-communists], PiS [national conservatives] and the PO [liberals] are to blame: for even today there is still no law on safe funds in which companies will invest our money when we don't have much time left until retirement."

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