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EN
The Demographic Reserve Fund (DRF) is the Polish equivalent of such funds introduced by many countries in the OECD. The article is an analysis and diagnosis of the situation of the Fund and its actual role in the pension system in Poland. In addition, it shows the projections of potential incomes and the state of the DRF until 2050, assuming implementation of solutions abandoned in the initial period. The final achievement of research contained in the article is to determine the potential effectiveness measured in month’s payments from the Pension Fund.
PL
Fundusz Rezerwy Demograficznej (FRD) jest polskim odpowiednikiem tego typu funduszy wprowadzonych przez wiele krajów zrzeszonych w OECD. Artykuł stanowi analizę i diagnozę sytuacji Funduszu i jego rzeczywistej roli w systemie emerytalnym w Polsce. Ponadto przedstawiono projekcję potencjalnych wpływów i stanu FRD do 2050 r. przy założeniu realizacji działań zaniechanych w początkowym okresie. Końcowym osiągnięciem badań zawartych w artykule jest określenie jego potencjalnej efektywności mierzonej w miesiącach wypłat z Funduszu Emerytalnego.
EN
The subject of this paper is the Demographic Reserve Fund (DRF) which was established following the November 11th 1998 legal act of on the system of social security. The goal of the paper is the analysis and diagnosis of as well as the forecast for the Fund's demand for the financial means that have emerged after ageing demographic boom generation started entering the retirement age. The forecast is based on the assumptions referring to the demographic, social and economic situation of the country. These assumptions particularly refer to fertility, mortality, economic growth, earnings growth, migration, inflation, unemployment rate, structure of the population with respect to occupational groups and groups being beyond the labor force, indicators of valorization of premiums paid and services from social security, etc.
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