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Pension reform and public information in Poland

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  • Chlon, Agnieszka

Abstract

The introduction of a new pension system in Poland in 1999 was the culmination of a long policy dialogue and years of debate. During this period, the role of public opinion shaped the reform and was, in turn, shaped by the reform process. Implementation of the reform was also affected by the quality of information available to the public and the public's financial literacy. In contrast to their passive role in the old public, defined-benefit schemes, People who chose to divert their contributions to individual, defined-contribution accounts must now take an active role in the new system. This paper documents the evolution of public opinion and its affects on the reform process as well as the early experiences of millions of people who, for the first time, are faced with the challenge of choice as consumers in the new market for pension services.

Suggested Citation

  • Chlon, Agnieszka, 2000. "Pension reform and public information in Poland," Social Protection Discussion Papers and Notes 23142, The World Bank.
    • Handle: RePEc:wbk:hdnspu:23142
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    References listed on IDEAS

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    1. Palacios, Robert & Whitehouse, Edward, 1998. "The role of choice in the transition to a funded pension system," Social Protection Discussion Papers and Notes 20109, The World Bank.
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    Cited by:

    1. Zaidi, Asghar & Grech, Aaron George & Fuchs, Michael, 2006. "Pension policy in EU25 and its possible impact on elderly poverty," LSE Research Online Documents on Economics 6225, London School of Economics and Political Science, LSE Library.
    2. Grech, Aaron George, 2007. "Pension policy in EU25 and its impact on pension benefits," MPRA Paper 33669, University Library of Munich, Germany.
    3. Aaron George, Grech, 2014. "Pension policy design: The core issues," MPRA Paper 53662, University Library of Munich, Germany.

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