Seniority Pension: Earlier Retirement for Long-Term Workers
This draft law introduces a new "seniority pension" allowing earlier retirement for individuals with long work histories. Women with 35 years and men with 40 years of contributions or agricultural insurance can retire before the standard age, provided their pension is not lower than the minimum pension. The change aims to acknowledge those who started working early and paid contributions for many years.
Key points
Introduction of seniority pension: women with 35 years, men with 40 years of contributions can retire earlier.
Minimum pension condition: the seniority pension must not be lower than the lowest guaranteed pension.
Changes apply to both the general social insurance system (ZUS) and the farmers' system (KRUS).
Significant increases in Social Insurance Fund expenditures and decreases in contribution revenues are expected.
Status:
In Progress
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