Table 4 Mandatory contributions in Poland before and after implementation of the new pension system
From: Political economy of pension reforms: selected general issues and the Polish pension reform case
Total | NDC individual account | FDC individual account | Other elements of the system | |
|---|---|---|---|---|
before 1-Jan-1999 | ||||
Mandatory contribution | 36.59a | -- | -- | 36.59 |
since 1-Jan-1999 | ||||
Mandatory old-age (OA) contribution [until April 2011] | 19.52 | 12.22 | 7.3 | -- |
Mandatory old-age (OA) contribution [since May 2011] | 19.52 | 17.22b | 2.3 | -- |
Other mandatory social welfare (NOA) contributions | 17.07 | -- | -- | 17.07 |