Tripartite to discuss capping retirement age at 65
Government representatives, trade unions and employers are set to discuss a proposal to cap the retirement age at 65, overturning a move by the previous administration, and allow earlier pensions for more people in hazardous occupations.
The three parties of the ruling coalition (ANO, SPD and the Motorists’ party) promised to dismantle cost-cutting measures to the system introduced by the previous government. The proposals include setting the retirement age at 65, restoring pension indexation to half of real wage growth instead of one third, increasing pensions for people who continue working after retirement, and raising pensions according to age.
According to Labour Minister Jan Juchelka the law could take effect next year, with some measures introduced gradually.