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News

Development plan could raise retirement age

by Jim Glade February 9, 2011

Colombia news - pension, retired

Colombia’s National Development Plan for 2010-2014 could raise the retirement age for youth entering the work force, Congressman Angel Custodio Cabrera told Caracol Radio Wednesday.

Cabrera, the president of the Third Committee of the House of Representatives, said that Article 96 of the National Development Plan was not reviewed by Congress and he opposes the article because it is detrimental to Colombians entering the workforce under the new plan.

The report states that women entering the new system will be eligible for pension at the age of 62 and men at 65.

The National Development Plan is aimed at elevating Colombia’s world status by confronting poverty, creating jobs, improving security, growing the economy and infrastructure, stopping government corruption, and improving social programs.

economyNational Development Plan

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