Half of us don't want to work in retirement

The CSO predicts that by 2050, 40 percent of Poles will be 60 or older. The retirement age, lowered in 2017, allows 60-year-old women and 65-year-old men to end their working lives. However, 49 percent of us realize that they will be forced to work longer. Almost the same number (48 percent) would not want to work more than the retirement age stipulates, even if the work was suited to their strength, according to Personnel Service's Barometer of the Polish Labor Market. Companies ensure that they are willing to hire the 50+ generation. As many as 65 percent of entrepreneurs see a mature employee in their team, but the declarations do not match reality. In half of the companies, the 50+ group is less than one fifth of the staff. 

"Demographic trends clearly indicate that we will stay in the labor market longer. Since 2012, the population of Poles has been steadily declining, while the group of people eligible for pensions has been growing. The last two years have significantly lowered the level of projected life expectancy, but taking into account the perspective of the last 20 years, the trend indicates that we are living longer. In order to obtain satisfactory retirement benefits, we will have to extend the contribution period and not leave the labor market early, which half of us are aware of and assume that we will retire later than provided by the regulations," Krzysztof Inglot, labor market expert and founder of Personnel Service, pointed out.

(WBJ)