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Universal retirement age is an option, Bulgaria's Social Minister says

Thu, Sep 17 2009 11:02 CET

byPetar Kostadinov

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Universal retirement age is an option, Bulgaria's Social Minister says

Totyu Mladenov, Bulgaria's Labour and Social Policy Minister.

Photo: Ivan Grigorov

Allowing men and women to retire at the same age was an issue for Bulgaria to consider, Labour and Social Policy Minister Totyu Mladenov said in an interview with televsion station bTV on September 17 2009.

He said that next week, he would convene the ministry's consultative council.

At the meeting of this body, which includes employers and labour unions, there would be a discussion of what had been achieved regarding the pension reform begun nine years ago, "and what direction we need to take from now on," Mladenov said.

One such direction was to have women and men retiring at the same age.

Currently in Bulgaria, men retire at 63 while women retire at 60, "because women do live longer then men" he said.

When the reform started nine years ago the rule was 60 for men and 55 for women.    
 
Discussion about having one retirement age for all have been going on for years, but the previous government refused to discuss the issue. 
 

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