Estonian minister drops plan to raise retirement age to 70

  • 2016-10-27
  • BNS/TBT Staff
TALLINN - Estonia's Minister of Social Protection Margus Tsahkna, who presented the idea to increase the retirement age to 70 by 2040, has altered the plan and is now requesting for retirement age to be linked to life expectancy starting in 2027, which would cause a much slower rise. A provisional estimate offered by Tsahkna in a memorandum to the Cabinet indicates that the retirement age could be 65 years and one month in 2027, 66 years in 2037, 67 years in 2047, and 68 years and four months in 2057, the numbers being subject to change based on life expectancy.&...
 
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