Prime Minister Giorgia Meloni’s government is considering a freeze in Italy’s retirement age of 67, in a move critics warn would put renewed pressure on the country’s improving but still fragile public finances.
Italy’s existing pension law links the statutory retirement age to life expectancy improvements, mandating a review every two years — and automatic upward revisions if warranted.
But Italian labour unions are demanding a halt to the automatic increases, and an overhaul of the pension law, which was adopted during the Eurozone sovereign debt crisis when Rome sought to restore market confidence.
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