This is where the biggest trap hides. In the act abolishing the OFE there is a kind of security buffer for retirees – writes “Gazeta Wyborcza”. The daily reminds that if, at the time of the transfer, the account balance is lower than on April 15, 2019, the government will compensate for this loss.
–
See: Liquidation of open pension funds next year. “Project ready”
Here, however, the question arises whether the time change will also affect the aforementioned date of April 15, 2019. At the time of creating such a provision in the act abolishing open pension funds, the ruling authorities could not predict the coronavirus pandemic and the related crisis.
–
–
We sent an inquiry to the Ministry of Finance on this matter. We are waiting for the answer.
–
The money goes to OFE through the Social Insurance Institution, which transfers part of our premium (exactly 2.92 percent). We will find out what amount went to the OFE after logging in to the Electronic Services Platform (PUE) available on the Department’s website.
–
–
All money accumulated by OFEs is converted into so-called units of account. Their value changes every day. By multiplying the number of accounting units held by the current value of such a unit, we can find out how much capital has been raised in our pension fund so far.
–
The funds are to be returned to the Poles, but reduced by 15%. tax (the so-called transformation fee). Funds transferred to OFE were deducted from income for taxation, so with their planned “release” the state intends to collect this tax.
–
What will the reform look like? Participants of the existing OFEs have a choice: either saving on IKE or transferring funds to an account in ZUS.
–
–
The differences are considerable. The default option will be to switch from OFE to IKE. This is to happen without conclusions and without extra effort. Money transferred to IKE will be inherited. Contrary to those that will go to ZUS.
–
By choosing ZUS, you will avoid the transformation fee, but the funds will not be inherited. However, pensions are taxed anyway, so there will be no profit from choosing this solution.
–
What about the money that will be in IKE? They will continue to be invested by the same companies that operated in OFE. After reaching the retirement age, we will be able to dispose of them ourselves: either withdraw all the cash immediately, or receive a monthly supplement to the pension from ZUS.
–
–
4h ago
Future pensionerOfe is the state’s biggest roller on citizens and on the state itself. Today, for example, shares in OFE are redeemed below their purchase price. Kumacie came … Read the whole thing
—-
:quality(80)/cdn-kiosk-api.telegraaf.nl/28d76a60-f6bb-11ea-8615-0255c322e81b.jpg?resize=150%2C150&ssl=1)
