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European governments are increasingly cutting pension spending, and risk losing the votes of older voters, the Daily Telegraph reported. In the publication it was stated that the Prime Minister of the United Kingdom proposed to change the mechanism of the annual linkage to the pension from 2030 and remove the salary increase from it. The Romanian government, under pressure from the European Union, decided to impose a two-year freeze on state benefits starting in 2025. In the Czech Republic, the government has reduced the additional linkage to pensions linked to wage growth. In Slovakia it is planned to tie the retirement age to life expectancy.

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Colonel Cassad · · Source

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European governments are increasingly cutting pension spending, and risk losing the votes of older voters, the Daily Telegraph reported. In the publication it was stated that the Prime Minister of the United Kingdom proposed to change the mechanism of the annual linkage to the pension from 2030 and remove the salary increase from it. The Romanian government, under pressure from the European Union, decided to impose a two-year freeze on state benefits starting in 2025. In the Czech Republic, the government has reduced the additional linkage to pensions linked to wage growth. In Slovakia it is planned to tie the retirement age to life expectancy.

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