It added that reform is important to ensure that the system does not deteriorate. Pushing back the retirement age by two years and extending the pay-in period would bring in an additional 17.7 billion euros ($19.1 billion) in annual pension contributions, according to labor ministry estimates, bringing the system to break-even by 2027.
However, the reality is that simply working longer hours is easier said than done as many people over the age of 55 are already struggling to find work as employers often force early retirees to hire younger, cheaper colleagues. encourage to be.
“After 55, women have a lot of trouble staying employed,” Lejeune said.
($1 = 0.9252 Euro)