Row over winners and losers of pension deal rumbles on

THE GOVERNMENT concluded on Friday that the agreement on a reform of the national pension system thrashed out by labour market representatives fulfils the two requirements imposed on it: the average retirement age will increase to 62.4 years and, as a result, the sustainability deficit of the national economy will decrease by roughly 1 per cent in proportion to the national output.

8.10.2014 10:16

The criteria laid out by the Government in advance left little wiggle room for Carl Haglund (SFP), the Minister of Defence, who had called for revisions to the agreement.

"Today, I brought to light our need for improvements. I will re-address the issue in the government session early next week, but I regrettably doubt that I will receive too much support," Haglund lamented to Helsingin Sanomat.

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