ZUS in trouble, again

13th November 2009

ZUS is having trouble finding money to pay out its current obligations to pensioners, people on disability, and the unemployed, according to an article in the daily Rzeczpospolita.

The agency faces a giant revenue gap of some PLN 9 bln this year, the newspaper estimates.

Poland's state-run social insurance agency has been subsidized by funds from the general budget for years, but with government deficit spending set to reach record levels this year, the agency's budget gap will be harder than ever to fill.

In part, this is because the government has budgeted less money than needed to fund ZUS in order to keep its 2009 budget numbers from looking even worse. According to a statement f ...