Finland increases retirement age of civil servants to 65

0 Comment(s)Print E-mail Xinhua, May 25, 2015
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Finnish civil servants and other public sector employees will have to work at least until the age of 65 in the future, two years more than current level, Finnish Ministry of Social Affairs and Health announced on Monday.

The decision was made after talks between the government, employer and trade union representatives. The current age of retirement in Finland is 63.

Professional military now retire at 55 and will have to serve two years longer. There would be further increases in the working years based on longer life expectancy, added the ministry.

The change reflects a parallel agreement for the private sector reached earlier. Retirement age will begin increasing from 2017 and those born in 1962 will be the first to have to work until they are 65.

The current life expectancy in Finland is 77.5 years for men and 83.5 for women, according to Nordic medical statistics issued in 2014.

The retirement age would be the same for both sexes. During previous decades, there were separate rules on retirement age for men and women in some sectors. Enditem

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