Polish Pension System Explained: A Bookkeeper's Insights

Understanding Polish Pension Contributions: An Expert's Guide Poland, May 15, 2025 – Navigating the Polish pension system can be challenging, particularly for business owners. Oleksandr Ruban, a Polish bookkeeper, recently shed light on this complex issue in a video interview. Ruban’s expertise offers valuable insights into the differences in pension contributions between various business structures. Ruban explains that individuals employed by a sp. z o.o. (limited liability company) have different contribution arrangements compared to those working as sole proprietors. He emphasizes the importance of understanding these distinctions to ensure appropriate contributions are made for future retirement benefits. "The key difference lies in how taxes and social security contributions are handled," Ruban explains. "For those employed by a sp. z o.o., contributions are typically handled by the employer. However, sole proprietors are responsible for their own contributions, which can impact their overall retirement savings." Ruban’s interview provides a clear and concise explanation of the financial implications of each business structure, helping individuals make informed decisions about their financial future. His expert advice simplifies a complex topic, making it accessible to a wider audience. The video interview serves as a valuable resource for those seeking to understand the intricacies of the Polish pension system.