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Sejm backs retirement age increase


2012-05-11



The Sejm on 11 May voted to approve the government’s pension reform plan lifting the retirement age to an equal 67 years for both men and women, up from 65 and 60 years at the moment, respectively. The change will be phased in gradually from 2013 until 2020 for men and until 2040 for women.

The reform is a central part of the government’s programme of fiscal consolidation measures outlined in November, designed to ensure long-term sustainability of the country’s public finances. Compared with the original proposal, one significant concession was written into the bill following the consultation phase, namely so-called “partial pensions”, an early option equalling 50% of the full pension available to men at 65 years with at least 40 years of premium payment and to women at 62 years with minimally 35 years of premium payment. MPs approved the final proposal with only minor amendments, one of which sets a shorter timetable for the government to come up with a programme for supporting employment among those aged over 60 and for enforcing gender equality on the labour market (by the end of 2013 instead of 2014).



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