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Polish Pension Overhaul Crucial For Economy

 The Polish ruling Civic Platform party’s push to raise the retirement age, contested by a junior coalition partner, is important for the Polish economy, the governor of the National Bank of Poland said.

“The pension overhaul is very important for the economy,” Marek Belka told reporters Friday. “I don’t know the proposal [that would water down the increase of the retirement age] but the key issue is for the backbone of this reform, raising the retirement age to 67 years of age, to enter into force.”

Read more: http://www.nasdaq.com/article/polish-pension-overhaul-crucial-for-economy—central-bank-chief-20120323-00526