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Slovaks to retire later

Slovaks may have to work longer before they can retire, as the cabinet wants to save some money on pensions.

A new law on social insurance proposed by Labour Minister Ludovít Kaník foresees a gradual prolongation of the retirement age until 2020. Currently, Slovak men can retire at the age of 60.

The ministry says the goal of the measure is to have more economically active people in Slovakia.

Compiled by Martina Pisárová from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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