Coalition agrees to slower increase in retirement age

The Czech government coalition has agreed to slow down the increase in the retirement age as part of the pension reform. Instead of raising the retirement age by up to two months per year, as initially planned, it will now increase by just one month annually. This change will be proposed in the ongoing pension reform bill in the Chamber of Deputies next week, according to Minister of Labor Marian Jurečka (Christian Democrats). The adjustment aims to address public concerns while maintaining the reform's goal of ensuring the sustainability of the pension system, which is currently in deficit.

Author: Vít Pohanka