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Retirement age reforms and labor challenges face older workers
Retirement age reforms and labor market challenges for older workers are creating a period of uncertainty in both Australia and Spain. In Australia, a 65-year-old library technician in Tasmania has struggled to find employment for three years, facing potential age discrimination while waiting until age 67 to access a pension.
In Spain, the transition toward a higher retirement age is codified by law. By 2026, the ordinary retirement age will be 66 years and 8 months for those with fewer than 38 years and 3 months of contributions. By 2027, the age will reach 67, though those with 38 years and 6 months of contributions may still retire at 65. Experts warn that maintaining physical capacity to meet modern work demands until age 67 presents a significant challenge for the workforce.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Alfonso Muñoz Cuenca states it is difficult for workers to maintain full capacity until age 67. www.merca2.es
- [○ 1 SOURCE] In Spain, the ordinary retirement age will rise to 67 years in 2027. www.merca2.es
- [○ 1 SOURCE] In 2026, the ordinary retirement age in Spain will be 66 years and 8 months for those without 38 years and 3 months of contributions. www.merca2.es
- [○ 1 SOURCE] Workers in Spain with 38 years and 6 months of contributions can retire at 65. www.merca2.es