The changes should be gradual. For women who will be retiring before 2018 the retirement age will be annually raised by half a year within the following 10 years: Labor Minister.
The world's media Tuesday speculated on whether the next pontiff may come from the developing world, while paying mixed tributes to Pope Benedict XVI following his shock resignation announcement.
Hong Kong flag carrier Cathay Pacific on Tuesday asked its cabin crew to volunteer for early retirement as part of its cost-cutting measures to boost profitability amid a global slowdown.
We have to admit the country’s pension system has faced a crisis. Peniosn funds are ineffective in managing the money. Inflation is eating the accumulations, a Majilisman believes.
Putin turned 60 the official retirement age in the country he has dominated for the past 12 years, as critics snickered that his image of an energetic, young macho leader no longer corresponds with his age.