First and foremost: so far nothing has changed significantly. The increase in the retirement age will be gradual: each year the retirement age will increase by one year. Moreover, in 2019 and 2020, for those future pensioners who have reached the so-called “old” retirement age (60 years for men and 55 years for women), the increase will not be a year, but 6 months. Full-fledged changes, when the retirement age eventually grows by 5 years, will affect women born in 1968 and younger and men born in 1963 and younger. Continue reading →