Friday, November 10, 2006

Taboo topic retirement age [CH]

Credit Suisse weighs on the debate about the retirement age in Switzerland by challenging the uncharacteristically disconnected political consensus that a retirement age of 65 is sustainable in the present demographic situation. In its recent study, it argues that only an increase of the working life can return social security and retirement provision systems to sustainability and addresses widely held contrary beliefs, especially concerning higher flexibility in retirement as long as it does not lead to an increase of retirement age on average.

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