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Work 40 Years to Lose 30% of Income: Young People Sentenced to a Poorer Reform - Folha Nacional
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Young people who are currently entering the labour market face an unanimating scenario when looking at retirement. In 40 years, the first pension may correspond to only 70.3% of the reference wage, which represents a fall of 29.7% of the income in the transition from active life to retirement. The projection results from an analysis of specialists to the sustainability of Social Security and is based on the so-called replacement rate, an indicat…
·Lisboa, Portugal
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