Social Benefits in Poland: Polish Sejm passes bill to lower retirement age

15:16 Nov. 17, 2016

Polish Sejm passes bill to lower retirement age

An elderly couple walks in Bydgoszcz, Poland, on September 26, 2016 (Getty Images)

Critics say the move will be too costly for the Poland's budget

The lower chamber of the Polish parliament, the Sejm, voted on Wednesday to lower the country's retirement age, a move critics say will put more strain on Poland's finance system.

The lawmakers voted 262-149 with 19 abstentions to allow women to retire at the age of 60 and men at 65.

Lowering retirement age was a central promise of the governing conservative Law and Justice (PiS) party during its election campaign a year ago, after the previous liberal government gradually raised the retirement age to 67 for both sexes.

Responding to the criticism that the move would have costly consequences, Prime Minister Beata Szydlo assured that there are enough state funds for earlier pensions.

Read also ‘Good year' of Beata Szydlo's gov't in Poland: was it that well?

The legislation is yet to be approved by Poland‘s upper house of parliament, the Senate, and signed by the President Anrzei Duda.

It is set to come into effect in October 2017.

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