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Tuesday, March 06, 2007

Italy: Prodi Government Proposes Raising Retirement Age, Other Pension Reforms

According to a report from La Republica, Italy's Prime Minister Romano Prodi plans to discuss pension reforms with unions immediately after being re-instated by parliament, including a proposal to increase the retirement age from from 57 to 58 on January 1, 2008, after 35 years of pension contributions. The retirement age would then gradually be increased, it said.

Source: AFX News Limited "Italy govt to discuss pension reform with unions after confidence vote - report" (February 26, 2007); La Republica "In pensione a 58 anni dal 2008
il governo scrive la sua riforma"
(February 26, 2007)

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