Increasing the pension age should not take place sooner than 2014, according to Prime Minister Iveta Radičová, saying it will be 2014 when the current initiative to increase the pensionable age for women to age 62, from between ages 53 and 57, is expected to be implemented, the TASR newswire reported.
"I have repeatedly said that Slovakia is not finished yet when it comes to the latest shifts. It should be over only in 2014. Any other notion is currently out of the question ... it would be senseless and unrealistic," Radičová said on January 31, as quoted by TASR.
The Minister of Labour, Social Affairs and Family, Jozef Mihál, based on an analysis prepared by his ministry, recently said that increasing the pension age will be inevitable – and it will go beyond the age of 62.
In 2008, the pensionable age for men in Slovakia was increased from 60 to 62 and women's pensionable age is being gradually being raised to 62 from ages 53 to 57, depending on number of children they had. The changes in the pensionable age are planned due to changes in Slovakia's demographics and higher life expectancy TASR wrote.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
1. Feb 2011 at 10:00