Fight against early retirement - Companies should pay

PoliticsDomestic ♦ Published: July 8, 2010; 00:00 ♦ (Vindobona)

The Wifo suggests that firms should pay if their employees are sick and are sent into early retirement.

Fight against early retirement - Companies should pay / Picture: © Vindobona.org

These measures reduced early retirement by 15 per cent in Finland.

The EU is considering raising the retirement age to 70 years by 2060. Chamber of Commerce Chief Christoph Leitl considers this as an inspiration for reforms: "It is time to act, the demographic bomb is ticking." Today, the economic research institute Wifo demands that the domestic companies should contribute to…