war on the elderly is two-fold. Firstly, they say, it is necessary to hold down taxation on multinational companies, for tear the companies will simply switch investment and production to countries with little or no welfare state provision.
In other words an even larger share of the wealth created by the productive labour of Europe's workers is to be pocketed by the large corporaITALY: retirement age 57. 35 years payments. Government wants minimum age 60 or 65, and 40 years payments AUSTRIA: retirement age 57 (women) 59 (men). 40 years payments. Government wants minimum age 65, 5 more years payments and cut pension payouts. in Europe. FRANCE: current requirement for full pesnion is 37.5 years payments. Government wants 40 years. UK: retirement age for women is being equalised with men, increasing from 60 to 65. Some of the lowest state pensions