Poland’s Minister of Senior Policy announced details of a one billion złoty senior bond program, aiming to provide support to 20,000 elderly citizens.
Intervention Where Care Services Lack
Minister Marzena Okła-Drewnowicz stated the bond is designed to prioritize areas lacking care services, noting that 10% of Polish municipalities currently offer none, and 30% serve fewer than 10 people.
The government will intervene, particularly in the most challenging areas, to address this disparity.
One Billion Zloty Budget Over Three Years
A total of 1 billion złoty is budgeted for the senior bond over the next three years, with an additional 5 billion złoty planned for the following decade.
The bill has already been approved by the Permanent Committee of the Council of Ministers, and the Minister hopes it will reach Parliament in May and receive swift presidential approval.
Eligibility Criteria and Support Scope
The bond will be available to individuals over 65 years of age with an average monthly income not exceeding 3,410 złoty, a threshold close to the average pension amount. This income criterion will be subject to annual adjustments.
The bond will be a non-cash benefit used to cover seniors’ basic daily living needs, delivered through agreements between municipalities and individual seniors. The legislation does not specify a maximum benefit amount.
Services Covered by the Bond
Services provided through the bond will address essential daily needs of seniors.