Lowering the retirement age will cost Poland PLN 10 bln next year

According to the deputy minister of finance Leszek Skiba, lowering the retirement age will cost the budget as much as PLN 10 billion, which equals 0.5 percentage point of GDP. But according to Skiba this should not affect public finances. “The current expenditure rule allows us to gradually lower th...

Locked content Lowering the retirement age will cost 0.4-0.9% GDP per year EC

According to the European Commission, the cost of lowering the retirement age in Poland will cost between 0.4-0.9 percent of GDP per year till 2050. The EC claims such burden will hurt public finances. It suggests that the negative effect could be balanced out by incentives which would encourage Pol...

Locked content Retirement changes a done deal – Duda signs bill

One of President Andrzej Duda’s signature campaign promises came fully into effect on Monday, as Duda signed the bill which will lower the official age of retirement in Poland to 65 for men and 60 for women.  “The matter [has been] treated as extremely important,” said the President just after signi...

Locked content No amendments to the retirement law are planned – Rafalska

Poland’s Minister of Family and Labour, Elżbieta Rafalska, confirmed that there would be no amendments to Poland’s controversial law that returns the age of retirement to 60 for women and 65 for men, and stated that the law was simply a return to previous retirement conditions in Poland. She was spe...

Locked content PiS legislation on retirement age passed in Sejm

Piotr Duda, the head of Poland’s Solidarity Union, raised his arm and gave the victory signal in the Polish Parliament on Wednesday, as the government passed its much-touted reforms of the age of retirement law, according to a news release in the Polish press. “This is a happy day for all employees,...

Locked content Poland can cope with lowering retirement age – Mosiński

In an interview with the Polish press, the chairman of the subcommittee that worked on the presidential project regarding lowering Poland’s retirement age, Jan Mosiński, stated that the goal was achievable. “Although it is a bold (decision), we can afford it,” he said. With respect to the extra fina...
Image : andrzejduda.pl

Duda confirms retirement age will be lowered

President Andrzej Duda recently told the Polish Press Agency that he’s confident legislation will be passed by October of 2017 which will see Poland’s retirement age lower to 65 for men, and 60 for women. The current retirement age is 67 for both genders. “I’m hoping that Parliament meets its obliga...