Netherlands rolls out New Year pension reforms

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NETHERLANDS - State subsidies for early retirement schemes are no longer available to those aged under 55 on 1 January 2005, following a host of new reforms effective 1 January 2006.

A spokesman for the Ministry of Social Affairs (Ministerie van Sociale Zaken) said the measure, effective from 1 January 2006, was part of a campaign to encourage people to work longer. The Lif...

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