Financial Results of Open Pension Funds and General Pension Societies in 2020

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The financial result of Open Pension Funds1 (OFE) in 2020 was negative PLN 3.5 billion compared to a profit of PLN 1.4 billion in 2019. Net assets of OFE at the end of 2020 amounted to PLN 148.6 billion, which means a decrease by PLN 6.2 billion during the year.

1 This news releases has been prepared on data received on 01/03/2021 from the Polish Financial Supervision Authority. Data include 10 OFEs and 10 PTEs operating in 2019 and 2020.