Legal changes ahead

By Krystyna KrzyzakFebruary 2003 (Magazine)

The compulsory pensions system, which started collections at the beginning of 2002, is open to workers up to 50 years and compulsory for those aged 40 and under. It is funded by 19.5% contribution of gross wages, of which a 5% portion is diverted into the compulsory second-pillar. There are ...