Redystrybucyjność bazowego systemu emerytalnego w Polsce

Abstract

The reform conducted in 1999 has significantly changed the basic rules of Polish pension system. It was inevitable due to aging society and increasing implicit pension debt. The generous defined benefit system functioning on Pay-As-You-Go basis was replaced by mixed multi-pillar defined benefit one. Almost all people under 50 joined the new system. Defined Contribution formula has reduced the income redistribution present in the previous system but has not eliminated all the transfers between and within the generations. Social components, short employment periods taken into consideration when calculating the benefit and non-contributory periods included in pension formula have been replaced by other redistributive instruments: unisex life tables, financing contributions from the government budget or minimum pension guarantee. The main aim of the article is to indicate the tools and directions of income redistribution in Polish pension system before and after its reform. To get the complete view of the change, the author presents the fundamental reasons for the reform and short informative description of the two systems.