Yet many are well past normal retirement age.
He also plans tax rises, including higher fuel taxes, and an increase in the retirement age.
One government insider says that the retirement age should, in truth, go up to 65.
Retirement rules vary across Europe although, even where there is no default retirement age, figures from 2005 showed that people did not, on average, work beyond the age of 65.
For people around the retirement age, they do some Taijiquan, perform sword and practise the Chinese Wushu.
The retirement age for women in the private sector will gradually rise, from 60 in 2014 until it reaches 65 in 2026, the same age as for men.
Their draft manifesto includes a jaw-dropping pledge to reverse France’s minimum retirement age, which has only just been raised from 60 years to 62.
Some of the Service Partners are well past retirement age. Despite the aches, pains, and limitations of advancing age, they show up regularly and serve cheerfully at a variety of tasks.
As governments in the euro zone trim benefits and raise the retirement age in the wake of the sovereign-debt crisis, a wail of indignation has rung out and a wave of protests set in.
Although existing employees have made concessions, such as higher retirement ages, it is near impossible to reduce the payments made to existing pensioners.
We all know the retirement age has to hit 70.
Now he's getting towards retirement age he's started playing golf.
Most prominent was a raising of the retirement age from 60 to 62.
Ministers are considering a flexible retirement age system that would unify the pension rights of men and women.
Her close to retirement age, height less than 150, small eyes, single-edged eyelid, face wrinkles, plus a mouth, if not ugly, it is to deceive you.
Methodology: the Zip Codes were ranked based primarily on the concentration of affluent retirees (and people nearing retirement age) as well as relative cost of living.
The French do not seem to have given him any credit for holding out during weeks of strikes and protests in order to lift the minimum retirement age from 60 to 62 years.
If higher retirement ages in countries with insurance-based state schemes do not make them actuarially sound, then taxes should be increased, or benefits reduced, until they are.
New York, for example, has raised the retirement age for new hires.
One view has been to keep the present system, with a full retirement age of 65 and minimum retirement age of 62, with minor modifications, such as raising the ages to 67 and 64 respectively.
For countries with PAYG schemes, the first step is to increase the present retirement age-and then to link it to future increases in longevity.
His limited government reshuffle this week, keeping Mr Fillon in place, suggests that Mr Sarkozy plans to press ahead with his priority of pension reform, notably to raise the retirement age from 60.
Is there a retirement age for Death Eaters?
If the average retirement age were raised to near 70 to qualify for retirement and elderly health benefits, retirees would still have more absolute years of retirement than they did 90 years ago.
The Wells Fargo survey painted a more dire picture than most other polls, which typically pin the worst-case retirement age in the mid-to-late 60s.
The British government has just scrapped mandatory retirement ages for civil servants but has failed to change the law to benefit all employees, he said.
Soon many Germans will reach retirement age; they will need a richer array of services than is on offer now.
The bill to increase the minimum retirement age from 60 to 62 passed France's lower house of parliament earlier this month and the upper house is set to approve it in early October.
The cuts are disguised as increases in the minimum retirement age or as increases in the age at which full pensions will be paid.
At Davos he boldly announced proposals to raise the retirement age from 65 to 67.
The pay cuts will undoubtedly draw blood, and people must brace themselves for an imminent reform of the pension system, which is likely to raise the average retirement age from 58 to 63.
Plans to increase the retirement age beyond 60 will help.
