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Keyword: workharderpeasants

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  • AIG chief Robert Benmosche sees retirement age at 80 after Euro crisis

    06/04/2012 5:49:05 PM PDT · by Colonel Kangaroo · 14 replies
    Economic Times ^ | June 5, 2012 | Bloomberg
    LJUBLJANA: American International Gro-up Inc ( AIG) Chief Executive Officer Robert Benmosche said Europe's debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase. "Retirement ages will have to move to 70, 80 years old," Benmosche, who turned 68 last week, said during a weekend interview at his seaside villa in Dubrovnik, Croatia. "That would make pensions, medical services more affordable. They will keep people working longer and will take that burden off of the youth." The crisis, now in its third year, threatens to destroy Europe's 17-nation currency union as...