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Poland to cut retirement age from October 2017

01:22

On July 19, Polish government has approved of the president's proposal to cut the retirement age starting from October 2017 at the earliest, a move that would unravel the previous administration's pension reform, Reuters informed. "Poles are waiting for this reform and we will deliver on our pledges," cabinet spokesman Rafał Bochenek told reporters in Warsaw. "We’re a responsible government and financing for this reform is guaranteed.” Recently in May, President Andrzej Duda announced that a decision to lower the retirement age will be made this year. Duda wants the retirement age to return to 65 for men and 60 for women, down from 67 for both sexes introduced by  PO. Law and Justice (PiS) party won the general election in October after promising Poles a wide range of measures that included lowering the retirement age, a monthly child benefit of PLN 500, an increase in the tax-free allowance and free medicine for elderly people.

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