Threats to Retirement System Security Cover Image

Zagrożenia bezpieczeństwa systemu emerytalnego
Threats to Retirement System Security

Author(s): Lidia Jabłońska-Porzuczek
Subject(s): Economy, Financial Markets, Public Finances
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: social security;retirement system; economic and systemic risk; zabezpieczenie społeczne; system emerytalny; ryzyko gospodarcze i układowe

Summary/Abstract: The aim of the paper is to analyse the retirement safety with reference to the common social security system. It also includes consideration of risks which threaten retirement security. Particular attention is paid to demographic, economic, and systemic risk. The paper includes a review of basic notions connected with retirement security. Elements of descriptive statistics have also been used. Data was obtained from the Polish Social Security Institution (ZUS), Central Statistical Office of Poland (GUS) and Eurostat. Analysis shows that retirement security has decreased in recent years. The state budget has been financing a substantial part of a systemic deficit. In order to decrease the share of state subsidies, frequent amendments to legal regulations are introduced. These, nevertheless, increase disinformation and increase uncertainty among the member of the retirement system.

  • Issue Year: L/2016
  • Issue No: 3
  • Page Range: 49-60
  • Page Count: 11
  • Language: English