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The macroeconomic assumptions in the state budget for 2013 are important include for the financing of the Social Insurance Fund deficit, the future of pension funds and the continued functioning of the FRD. Probably waiting for us Talk about the prospects of maintaining the current indexation mechanism that takes into account the inflation rate and 20 percent. wage growth in the economy says Wojciech Nagel of the Business Centre Club.

Keep in mind that the actual shape of the PME will have a significant impact on the efficiency of financial FUS, in particular the event: the unemployment rate (13% in real terms probably 14-15%) and the increase in employment and wages in the economy (respectively: 0.2% and 1.9% in real terms). Their lower realized, the level may cause the coming months of 2013 corrective action undisclosed Government announced during a joint press conference and Prime Minister and Minister of Finance on September 5 this year. It can be expected that in the event of aggravation of adverse developments in the economy, resulting in higher levels of unemployment, lower wage increases and a reduction in VAT revenue in the second half of 2013, the government can make: 1 additional reductions Demographic Reserve Fund's assets (about 2 billion), 2 frostbite suspended revolving lines of credit in Social Security (up to 3 billion zl) 3 increase by 1-2 percentage points. These activities would be related to the need to ensure the liquidity of pension benefits, including commitments (7.13 billion). The pressure will increase liquidity in the Social Security Fund, in particular, in the last quarter of next year. These actions may occur if the economic slowdown proves to be deep and the situation on the labor market will be significantly worse. Deserves recognition declaration of the Prime Minister and the Minister of Finance concerning the maintenance of transmitting mechanism contributions to pension funds, according to the principles laid down in 2011. BCC believes that support is necessary to maintain three-pillar pension system in Poland and the reduction of systemic risk invested in recent years, mainly in the SIF. Regulatory changes that occurred in 2011, in the regulation of pension funds, including reducing the amount of transferred contributions, they found its growth in the coming years, starting from 2013. This will allow for the gradual increase of the retirement pension capital. Its overall shape will in future be combined streams of contributions paid into the Social Security Fund, pension funds and PPE and IKE or other forms of private pension systems. According to the BCC, in the case of the improved economic situation in the coming years, return to the mechanism of higher premiums led to pension funds, assuming implementation of these funds with a contoured risk, depending on the age of the insured and their seniority. The urgent task for the government is to establish a payer of benefits from pension funds, which systematically begin in 2014. Author of opinion: Dr. Wojciech Nagel, Minister for Social Security BCC Economic Shadow Cabinet, ...