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How will BREXIT affect the immigrants in UK and Poland. [1114]
The current results achieving government (which you despise) has already been addressing the issue with commonsense approaches:
You really are living far, far away if you think that stealing the OFE money is a commonsense approach. In fact, had you done your research properly, you'd realise that the government is intending on taking the money (which is mostly invested on the WSE and in government bonds) and replacing it with an IOU note. It will defer the problems, but all it really will do is finance the budget in the short term while the demographic problem continues to get worse and worse.
Of course, you wouldn't see anything wrong with the government seizing 25% of our money, because you don't live here and don't have to deal with the consequences of their actions.
So there. Polish pensioners are not facing poverty and having to buy cat food to eat and keeping the lights and heat turned off in their homes.
What are you talking about? Polish pensioners are already suffering with low pensions, as anyone living here knows. The problem is that there's nothing left for the next generation - they're simply stealing hard currency today to pay for pensions, nothing more. When the 25% runs out (it's only around 35 billion PLN, or less than half of the yearly deficit) - what will be next? The answer is obvious - more money will be taken. If you actually read the article, you'll know that there's only about 140 billion PLN in the OFE funds, much of which is tied up in the WSE. 140 billion PLN will pay for less than 2 years of current liabilities - it's nothing.
Your own article also mentions the pensions time bomb. Are you still in denial?
I understand that you might not understand the situation in Poland as you live in Canada and never will contribute a thing to Polish pension funds, but those of us living here understand perfectly that this is the last generation that will have a pension in Poland. Next generation has zero chance, and even ex-top ZUS employees have made it crystal clear that the system is headed for a catastrophic bankruptcy within 10-15 years. I know that you rely on English articles because of your inability to understand Polish, but you can try Google Translate to get the gist of this article - natemat.pl/82051,zus-zbankrutuje-przed-2020-rokiem-autorzy-raportu-podwazaja-rzadowe-prognozy
By the way, until you pay pension contributions in Poland, you really have nothing to say about the topic. I imagine you'll be the last to contribute to starving old people in Poland when the system collapses completely.
