ITALY - Romano Prodi's coalition government is to meet union leaders and Confindustira, the employers' association, to discuss the January pension reforms on March 22.
Unions have asked the government not to raise the retirement age from 57 to 60 in 2008.
The government has agreed to consider this, but in return would raise it to 62 in 2014 with various incentives decided with the social parties. This deadline was set in previous pension reforms.
UIL union secretary general Luigi Angeletti said: “We are willing to face the increase in the retirement age keeping in mind that there is a longer life expectancy, giving incentives to people to keep working, leaving them free to choose.”
As a pay off for raising the pensionable age to 62, the government may put on hold talks on recalculating pension payments.
This week's edition of Professional Pensions is out now.
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