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To: Greysard

The article isn’t wrong. It’s misleading. The retirements under 50 are akin to social security disability pensions and some military pensions. The early retirements for 50-61 are for various categories, the biggest being women with three children under 18 and widows/widowers and of course the military.

Why did you say the retirement age in Greece is 35? As I asked, what’s in it for you? Are you a partisan of the Germans?


12 posted on 06/29/2015 5:02:28 PM PDT by Kolokotronis (Christ is Risen, and you, o death, are annihilated)
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To: Kolokotronis
Why did you say the retirement age in Greece is 35? As I asked, what’s in it for you? Are you a partisan of the Germans?

It's a number that is well within the range. The article may be misleading, but if so it did its job, and I used those numbers. Millions more were similarly informed (or misinformed.)

I do not support Germany here; I am not even sure who to root for. One relevant question here is very simple: WHY is Greece unable to pay its debts? Insifficient productivity of workers, compared to their pay, is one possible answer. Are there other reasons? If there are, perhaps it would be useful if those who know clearly enumerate them. Many people who post on FR have never seen Greece, don't speak the language, and have to depend on articles like the one that you identified as misleading. The article mentions that 3/4 of retirees retired before the legal age - and you list some possible reasons for that. If so, is it because there are too many disabled public workers, or wounded soldiers, or mothers in age 50-61 with "young" (?????) children under 18 (??????) How many workers in other countries are allowed to retire and to draw pensions in similar circumstances? What's the point of a high retirement age if the law is full of loopholes and exceptions that 3/4 of the population qualifies for?

All those are interesting questions that directly relate to the problem at hand. As I said earlier, Greece can fix their economy only if it has workers who are eager to work, produce goods, sell those goods abroad and to each other, and create wealth. The opposite to that is drawing pension and sitting on a couch. What is the ratio between these two polar groups? How many workers are banging on the gates of factories and demanding to let them in, to work from 9 to 5 for a modest compensation, competing with Chinese?

Let me reiterate: I do not pretend to know specifics. Perhaps you do - and then please explain what is the lay of the land from your vantage point. There are not too many dogmatics on FR; but correct information is always in short supply.

13 posted on 06/29/2015 5:34:40 PM PDT by Greysard
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