Open AccessCouple of thoughts on the consequences of changes in the pension system in Poland in 2017
Author(s) -
Zbigniew Piotr Śleszyński
Publication year - 2017
Publication title -
central european review of economics and finance
Language(s) - English
Resource type - Journals
eISSN - 2082-8500
pISSN - 2083-4314
DOI - 10.24136/ceref.2017.028
Subject(s) - pension , courage , pension system , retirement age , economics , capital (architecture) , politics , capital market , labour economics , political science , finance , law , geography , archaeology
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.