French strike by castorjovial via Flickr
When lawmakers in France suggested a higher retirement age for full pension benefits; from 60 to 62, workers and Unions organized violent protests. In many other countries, workers would welcome an age-62 rule. Maybe except for Turkey:
“Of the 30 countries the OECD studied, Turkey has the lowest age for receiving full retirement benefits. Greece came in second, with a retirement age of 57 for men and women. The Slovak Republic? 57 for women, but 62 for men.”
Get the whole article from Yahoo Finance: Retire in France at 62? In Turkey, It’s 45.
Retirement ages, by country and year
| 1971 | 1971 | 2010 | 2010 | 2050 | 2050 | |
| Women | Men | Women | Men | Women | Men | |
| Australia | 60 | 65 | 62 | 65 | 67 | 67 |
| Austria | 60 | 65 | 60 | 65 | 65 | 65 |
| Belgium | 60 | 60 | 60 | 60 | 60 | 60 |
| Canada | 68 | 68 | 65 | 65 | 65 | 65 |
| Czech Republic | 55 | 60 | 58.7 | 61 | 65 | 65 |
| Denmark | 62 | 67 | 65 | 65 | 67 | 67 |
| Finland | 65 | 65 | 65 | 65 | 65 | 65 |
| France | 65 | 65 | 60.5 | 60.5 | 61 | 61 |
| Germany | 60 | 63 | 65 | 65 | 65 | 65 |
| Greece | 57 | 57 | 57 | 57 | 60 | 60 |
| Hungary | 55 | 60 | 59 | 60 | 65 | 65 |
| Iceland | 67 | 67 | 67 | 67 | 67 | 67 |
| Ireland | 70 | 70 | 65 | 65 | 65 | 65 |
| Italy | 55 | 60 | 59 | 59 | 65 | 65 |
| Japan | 60 | 65 | 65 | 65 | 65 | 65 |
| Korea | N/A | N/A | 60 | 60 | 65 | 65 |
| Luxembourg | 65 | 65 | 60 | 60 | 60 | 60 |
| Mexico | 65 | 65 | 65 | 65 | 65 | 65 |
| Netherlands | 65 | 65 | 65 | 65 | 65 | 65 |
| New Zealand | 60 | 60 | 65 | 65 | 65 | 65 |
| Norway | 70 | 70 | 67 | 67 | 67 | 67 |
| Poland | 60 | 60 | 60 | 65 | 60 | 65 |
| Portugal | 65 | 65 | 65 | 65 | 65 | 65 |
| Slovak Republic | 55 | 60 | 57 | 62 | 62 | 62 |
| Spain | 65 | 65 | 65 | 65 | 65 | 65 |
| Sweden | 67 | 67 | 65 | 65 | 65 | 65 |
| Switzerland | 60 | 65 | 63 | 65 | 64 | 65 |
| Turkey | 60 | 60 | 41 | 44.9 | 60.8 | 62.3 |
| United Kingdom | 60 | 65 | 60 | 65 | 68 | 68 |
| United States | 65 | 65 | 66 | 66 | 67 | 67 |
| Average | 62.1 | 63.9 | 61.9 | 63 | 64.4 | 64.6 |
Source: OECD (Note: data predates France’s age-62 rule)
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