Wpływ poziomu wiedzy o ubezpieczeniach społecznych na dodatkowe oszczędzanie na emeryturę w Polsce
Impact of social insurance knowledge on supplementary old-age saving in Poland

Summary/Abstract: In the article we assess the impact of social insurance literacy and pension awareness on propensity to collect supplementary old-age savings. Having used the data from representative quantitative re- search conducted by Zakład Ubezpieczeń Społecznych in 2016 (N=1 030) and having applied logistic regression model with χ2 test of independence, we found that the higher the social insurance knowl- edge is, the higher the aptitude for additional pension saving is. Moreover, the social insurance literacy level is affected by the sources of information about the social security system. The highest knowledge was observed among people that are provided with information by family and friends, representatives of Social Insurance Institution (ZUS) and social security experts. The obtained results are important for financial institutions that provide individuals with long-term investment and savings products, in particular for life insurers that have a broad offer of retirement products and employ experts who can educate individual savers.

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