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High retirement age unreasonable

Posted by The 300 News Daily on Jun 11th, 2010 and filed under Economy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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As part of its retirement reform the Bulgarian government has announced plans to raise the country’s retirement age by three years.

A pie in the sky idea, writes the daily Novinar:

“Europe’s working conditions, medical care and labour laws may guarantee that people can continue to be effective and useful even at an advanced age. Here things are a bit different however. One glance inside a garment factory is enought to bring one back to the days of the industrial revolution when people literally died on the job. According to the unions the legal working hours in Bulgaria are massively disregarded. If you add it all up we can safely say that most workers had already done their additional three years of work before it even occurred to the cabinet to raise the retirement age.”

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