Poland will lower the retirement age for both men and women, effective Oct. 1, 2017, said a news release by the office of President Andrzej Duda on Monday.
The retirement age for men will move back to age 65 and for women, it will move back to 60. The state pension is paid out after retirement age is reached. The retirement age in Poland was set at 67 years of age for both men and women by the previous government. It has been raised gradually, and it would have applied to all men in 2020 and all women in 2040. The new government's action reverses the previous reform.
Mr. Duda, who signed an act making the change, first proposed the new retirement age in his presidential campaign last year. It has been under consideration since November 2015. It was passed by the lower and upper chambers of the Polish parliament in November and early December, respectively.
The previous reform, put in place since 2013 by Prime Minister Donald Tusk's government, was implemented for demographic reasons. According to his office's estimates, the working-age population in Poland, 15- to 64-year-olds, was to decrease by 4.9 million between 2010 and 2040.
“The lack of the reform would have threatened the retirement security of Polish people,” said a news release issued by Mr. Tusk's office at the time.