Składki przekazywane do OFE a sytuacja finansowa Funduszu Ubezpieczeń Społecznych
Contributions paid to OFE and the financial situation of the Social Insurance Fund

Summary/Abstract: There seems to be a general agreement that payment of part of compulsory pension insurance contributions to Open Pension Funds (OFE) is the main factor resulting in the deterioration of the Social Insurance Fund’s (FUS) financial situation. The level of FUS’s non-contribution revenue has been constantly rising since the pension reform introduced in 1999. Furthermore, in order to make benefit payments on time, FUS needs to use low interest rate loans from the state budget, as well as bank loans taken out on commercial terms and conditions.In 2011, as a result of a change in the Act on Social Insurance System, the value of contribu- tions paid to OFE was significantly reduced. The aim of the article is to examine the influence of the decrease in the revenue of the Social Insurance Fund connected with payment of contribu- tions to OFE on the Fund’s financial situation, and assessment of the reduction of FUS’s deficit in connection with smaller pension insurance contributions paid to OFE.

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