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Pension changes voted Poland's biggest business story of 2011

26th October 2011
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Nearly one in three voters in a poll on the ekonomia24.pl website said that the government's decision to reduce obligatory contributions to private pension funds (OFEs) was the most significant business story of the year.

The OFE affair proved to be one of the most hotly debated topics after the government first introduced the idea of changes to the pension system in December 2010.

Eventually it was decided in March 2011 that, starting in May, the premiums hitting OFE accounts would be cut from 7.3 percent 2.3 percent.

Poland A.M.


From Warsaw Business Journal


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