Pension reforms in Poland and elsewhere: the view from Paris

Peter Jarrett, the head of Country Studies Division OECD was presenting at the 113 BRE CASE seminar.
“Partially reversing pension reform will also cost Poland in terms of risk spreading and capital market development. It will also undermine the population’s trust in the system, since the first pensions paid by the OPFs have just started to be paid” – said Peter Jarrett – while he was comparing the Polish pension system to those of other countries.
Another conclusion, coming from the OECD analysis, would be to “try to solve the problem of public finance sustainability by radically shrinking the second tier of the system has obvious costs in terms of poverty among old-age pensioners, whose incomes will fall sharply relative to working-age Poles."

Please see here the whole presentation in polish on bankier.pl:
http://bankier.tv/113-sesja-bre-case-8764.html