Christine is 55 and she recently checked the pension calculator on the intranet for the first time. Her youngest child will soon leave school, the others are studying abroad and the mortgage on the house is paid. Work has become more and more tiring and there is frankly no prospect of her getting another promotion. She has made up her mind to leave in a couple of years. She would still lose a little money but never mind. She could retire at the same time as her husband and do the trips they never had time for while working.
What Christine doesn’t know is that the Council of Ministers plans to cut administrative expenditure in the EU’s long term budget. Raising the retirement age would be an easy way of doing that.
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