Italian union gives retirement age hike ultimatum

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ITALY - The retirement age can be raised as long as the complementary pensions sector is launched immediately, said Pier Paolo Baretta, secretary general, CISL, Italian Confederation of Workers' Trade Unions.

When labour minister Cesare Damiano spoke of raising the retirement age, Baretta said this would depend on the launch of the complementary pension sector. He noted the introduction of complement...

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