Pensions will be higher and the reason may be surprising. After retirement, check how much you will earn [2.04.2022]

According to the latest data from the Central Bureau of Statistics (GUS) – median forecast Length of life In Poland, compared to the previous year, it fell again. For 60-year-olds, it’s 238.9 months (about 20 years old – editor’s note). In contrast, the age of 65 years is 196.2 months (over 16.3 years – editorial note).

If we compare these results with 2020, it turns out that two years ago the life expectancy for a 60-year-old was 261.5 months (~21.8 years – editor’s note), and for a 65-year-old it was 217.6 months (over 18 years old) – editor).

– For the second time in a row, there has been a decrease in life expectancy in all age groups, which is taken into account by the latest GUS tables – says Iona Kowalska Matisse, regional press spokesperson for the Social Insurance Corporation in Lower Silesia.

– The new GUS tables show that the life expectancy of people who reached retirement age decreased in 2021 by another 8-9 months – from 2020 in total by about two years. As a result of the excess deaths, we are back to 2003 levels in terms of life expectancy, commented Łukasz Kozłowski, chief economist at the Polish Businessmen’s Confederation.

Tables of life expectancy and old-age pension amount

– In order to calculate the amount of the old-age pension in the future, the amount of accrued contributions to the ZUS account should be divided by the life expectancy. In the table they are expressed in months. The higher the numerator and the smaller the denominator in this calculation, the higher its result, that is, the amount of the pension – as Kowalska Matisse explains.