Reply #15: Bolivia lowers retirement age [View All]

[Demeter]

http://english.aljazeera.net/news/americas/2010/12/2010121135142432606.html

Bucking a global trend which pushes workers to work longer and older, Bolivians can now retire at age 58, down from 65...

The law, which also nationalises the national pension system and extends coverage considerably to the poor, was passed on Friday.

Bolivia's current retirement age is 65 for men and 60 for women.

"We are fulfilling a promise with the Bolivian people. We are creating a pension system that includes everyone," President Evo Morales said at the signing ceremony, surrounded by members of the powerful Bolivian workers' federation, which helped to draft the law.