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The retirement age for men has remained 65, unchanged since 1948. That for women, on the other hand, has been modified several times; originally, it was also set at 65 years, but a couple's pension was paid from the moment the man was 65 and his wife 60. The retirement age for women was lowered to 63 in 1957, and to 62 years in 1964.
It aims at consolidating the system as well as at making the retirement age more flexible. [9] The federal authorities propose to Raise the reference retirement age for women to 65; Allow for more flexibility in the age at which one can retire; Ensure additional funding through the VAT and federal-state funding;
The "Pensions Initiative (retirement age)" aimed to increase the retirement age this year, and raise it automatically every year. [3] The Swiss government recommended voters to reject both referendums, however polls showed voters were likely to accept the first initiative and reject the second, [4] which was also the final result. [5]
Taxes: Retirement income is subject to taxation in Italy, however, the rate is quite low, at just 7% flat on foreign pensions. Real Estate Restrictions: Expats can purchase property in Italy ...
Here’s a look at the top places to retire abroad in 2025. You can also check out best and worst states to retire in 2024. SimonDannhauer / Getty Images/iStockphoto
Every year, droves of Americans flock to other countries to retire.The trend of retiring overseas is picking up momentum. According to Harvey Law Group, the number of Americans collecting their ...
Article 111 defines the so-called "three-pillar principle", which regulates the structure of retirement, survivors', and disability benefits. Article 112 provides the basis for the old-age, survivors', and disability insurance, in Article 113 that of occupational pensions.
The Global Retirement Index, developed by Natixis Investment Managers and CoreData research, serves to provide insight into what influences a country’s ascent or decline in overall well-being in ...
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