Abstract

Changes in the social security area are a most frequently discussed subjects in the area of public policy. The universality of solutions as well as the importance of the sources of financing and claimability of benefits cause that the functioning of social security is an emotional and controversial topic. That is why an important point of departure for the discussion on the diagnosis and future and the system is analysis of the solutions making up the social security system, taking into account both the existing institutions and planned solutions. The article presents changes introduced in the Polish pension system in the years 2019-2020. A legal analysis of individual mechanisms of accumulating funds for future benefits and the rules for benefit payments is accompanied by an attempt to outline the consequences of selected regulations. The article aims at diagnosing the new architecture of the pension system and indicating how the accumulated funds will in the future be translated into the right for their payout. The article presents changes in the functioning of Open Pension Funds and their transformation into Individual Retirement Accounts and Employee Capital Plans which now being implemented, as well as de lege ferenda postulates for the pension system in Poland.