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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: RealMuLan who wrote (9129)10/29/2010 9:22:49 AM
From: hui zhou  Read Replies (2) of 12464
 
OT, talk about the conspiracy misleading headline. All I head is French raises the retirement age from 60 to 62. But they missed the important point of full retirement age is actually raised from 65 to 67.

Is that match the US Social Security? You can claim for your partial benefit at 62. But more people prefer waiting to 67 to claim it in order to get full benefit. So the actual full retirement age for French and US should be 67, not 62. Of course, US is trying to raise the age limit further. They preferred people drop out dead and not get a lot of benefit before that.

bloomberg.com
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