PM promises slight increase in old-age pensions
August 28, 2014
Prime Minister Donald Tusk
The government plans to amend Poland's system of indexing pensions and disability benefits in 2015 by introducing a minimal indexation amount in order to increase the lowest pensions amid low inflation, Prime Minister Donald Tusk told MPs Wednesday.
"We will propose a mechanism which maintains the percentage indexation [of pensions], but at the same time will state that the indexation cannot be lower than a given amount," Tusk said.
As a result, the minimum monthly pension increase will be PLN 36, he specified.
Additionally, Poland will double the amount overall available for pension indexation, he added.
Without the changes, indexation of pensions next year would be very low as it would be solely inflation-linked, Tusk said.