Couple of thoughts on the consequences of changes in the pension system in Poland in 2017
Couple of thoughts on the consequences of changes in the pension system in Poland in 2017
Author(s): Zbigniew ŚleszyńskiSubject(s): Economy, Business Economy / Management, Financial Markets
Published by: Instytut Naukowo-Wydawniczy SPATIUM Sp. z o.o.
Summary/Abstract: The article presents the rules of retirement in selected European countries and the consequences of lowering the retirement age in Poland from October 2017 for the finances, the labor market and pension level. In particular, examples of pension calculations are given with different initial capital levels and different retirement periods. According to the author, it will be necessary to raise the retirement age in the future, but it would require great political courage.
Journal: Central European Review of Economics & Finance
- Issue Year: 22/2017
- Issue No: 6
- Page Range: 71-86
- Page Count: 16
- Language: English
