Open Pension Funds Market after Reform of 2014 – The Global Perspective

Authors

  • Sebastian Jakubowski Wroclaw University, Poland

DOI:

https://doi.org/10.29015/cerem.118

Keywords:

Social Security and Public Pensions, Retirement Plans & Private Pensions, Business and Securities Law, Non-bank Financial Institutions, Financial Instruments, Institutional Investors

Abstract

The beginning of the second millennium coincided with major pension reforms in many countries. This global movement also included Poland where a pension market was created in 1999. The first 15 years were a period of expansion of Open Pension Fund market in Poland. This changed with the Reform of 2014, which brought new standards applicable to OFE investment policy. Half of the assets were transferred to Social Insurance Institution (ZUS) and legal investment limits for Open Pension Funds undergone a major changes. Evolution of investment policy of Open Pension Funds during last fifteen years is analyzed with special emphasis on the global perspective.

References

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Published

2015-09-14

Issue

Vol. 15 No. 4 (2015)

Section

Articles

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