Norway reviews early retirement system

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NORWAY - Norwegian minister of labour and social affairs, Bjarne Håkon Hanssen, has confirmed that the new government will review the agreement-based early retirement system (AFP scheme) in 2006.

The current retirement age in Norway is 67, but the AFP scheme makes it possible for employees to retire at the age of 62 without losing any pension rights, it is however required that that an empl...

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