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Polish labour market largely unaffected by earlier retirement: report

PR dla Zagranicy
Paweł Kononczuk 10.04.2018 14:10
New rules lowering the retirement age in Poland have had a limited impact on the labour market so far, according to a report.
Photo: geralt/pixabay/CC0 Creative Commons
Photo: geralt/pixabay/CC0 Creative Commons

Under new regulations that took effect in October, women are able to retire at 60 and men at 65.

The change came after Poland’s ruling conservatives reversed a 2012 reform by the previous government that would have ultimately increased the retirement age to 67 for both sexes.

"In the first phase of implementing the... reform, the impact on the labour market has been limited,” the Work Service employment agency said in a report.

“Our research indicates that in 2017 only 13.4% of companies felt the effects of the new regulations," the report added.

Work Service said that the reforms have been "felt most by firms in the manufacturing sector (22.5%), and the least by the public sector (6.6%)."

(pk/gs)

Source: PAP

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