Govt approves pension reforms

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SPAIN - The Spanish government has approved the proposed pension reforms which will see the retirement age raised and the minimum contribution period increased from 12 and a half years to 15 years.

The suggested reforms, part of the ‘Proyecto de Ley de Medidas en Materia de Seguridad Social’, came out of a tripartite agreement on pension reform reached in July 2006. Last June, the Internat...

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