Lower retirement age means 30% lower pensions

Head of the standing committee Henryk Kowalczyk said, in reference to the idea of reversing the retirement age reform passed by the PO-PSL coalition, that those who decide to retire at the age of 60 need to be aware that their pensions will be lower by up to 30 percent. When asked if replacing the retirement age of 67 for all with 60 for women and 65 for men would have negative consequences for public finances, he said that "it produces little financial consequences as the lower retirement age is optional and there will be plenty of people who will work longer." He admitted that a woman who decides to retire at the age of 60 will see her pension 30 percent lower than if she had retired at the age of 67. Kowalczyk said that the law could be passed within one or two months.