International Journal in Management & Social Science
  • Year: 2019
  • Volume: 7
  • Issue: 8

Conditions for the development of the pension system in poland

  • Author:
  • Dorota Gaudyn1
  • Total Page Count: 6
  • Published Online: Mar 5, 2021
  • Page Number: 61 to 66

1Management DepartmentCracow University of Economics, Poland

Abstract

The article presents the economic foundations of the functioning of the pension system, changes in the structure of people receiving retirement benefits in the modern economy. The dynamically changing socio-economic situation has a significant impact on the pension system. Its construction is an important social issue. However, when introducing changes in the social insurance system as a result of changes in the environment, care should be taken to ensure the right proportions. Negative trends occurring in the demographic situation of the country, i.e. the aging of the society and the decline in fertility are the main challenges of the pension system. The burden-sharing between generations and the role of the state in this process were analyzed. The threats that the Polish pension system await are presented. I am talking about the uncertainty regarding the maintenance of financial solvency, the adequacy of social benefits. Factors influencing the situation of the Polish pension system, i.e. demographic changes, globalization process and transformations on the labor market were presented. The presented results of secondary research over the years were analyzed and summarized trends. Conditions for the functioning of the Polish social security system were indicated. A forecast was also made of development trends in the functioning of pension systems and their development for the coming years.

Keywords

Demography, Pension system, Pensioners, Reforms