How accurate is the barometric altimeter in the Tu-154?
A barometric altimeter is required to meet certain operational standards for use in an aircraft under instrument flight rules. We talked a little about this in another question with references to the relevant FAA requirements for the instrument.
I'm certain there's an equivalent in the Polish regulations, and while I don't know where you'd find it I would bet it's broadly similar in its requirements.  

A radio/RADAR altimeter is typically accurate to within 20 feet within its operating range (typically &lt;= 2,500 feet AGL). There are varying TSOs for radio altimeters, so you'd have to look up the standard a specific unit was built to in order to get exact numbers.  



One of the core issues underlying this accident which you highlighted in your question is that a barometric altimeter and a radio altimeter are two different devices, measuring two different things, so it's not really reasonable to compare them.  

Barometric altimeters measure altitude above a standard reference (usually sea level) by using a known/standard pressure lapse rate (~1 in.Hg per 1,000 feet) and measuring the difference in pressure at the instrument.


The readings given by a barometric altimeter are affected by weather conditions (mainly temperature), so the displayed altitude may be 'incorrect' (relative to say GPS altitude above mean sea level).  
The readings given by a barometric altimeter are not affected by the local terrain, so peaks, valleys, and tall buildings won't change what it shows.


Radio altimeters measure the distance to whatever radio-wave-reflecting object is below the unit (typically "the ground" - whatever terrain happens to be under you) by detecting how long it takes a radio pulse to be reflected back.  


The radio altimeter reading is not affected by weather conditions (temperature) as these don't affect the pulse reflection time.
The radio altimeter is affected by local terrain (peaks, valleys, etc.) as this changes the distance the radio pulse has to travel.
The radio altimeter reading is affected by any object that reflects radio waves (buildings, other aircraft passing below you).
The radio altimeter reading may be affected by "slant range error" just like DME, (in practical terms this is less of an issue for radio altimeters: The radio altimeter points "straight down" so the slant range error is generally small unless the aircraft's pitch or roll attitude is extreme).


So to directly answer your question, barometric and radio altimeters aren't comparable in the way you're asking: Because they measure two different things it's not possible to say one is "superior" to the other. They are different tools, serving different purposes: It's incumbent on the pilot to be aware of the limitations of whichever tool they happen to be using at the time (and to ensure that they've selected the correct tool for the task at hand).