Czech lower house overrides Senates veto on raising retirement age.

By bne IntelliNews June 22, 2011
The Czech Parliaments lower house approved a government plan to gradually raise the pension age to 73 from 67, overriding a Senate veto, CTK newswire reported. The changes will affect women born after 1955 and men after 1965 with the age of both sexes unified in 2041. Czechs now aged 40 will retire at 66 years, those born in 1977 at 67 years and youngsters that are now 10 years old will retire at 71 years. People born in 2012 will retire at 73 years. The changes are opposed by trade unions and the left-wing opposition but the government defended them saying the deficit-making pension system is unsustainable in the long term. The lower house also approved changes to the healthcare system envisaging higher fees for hospitalised patients and visits to doctors. The parliaments upper house, controlled by the opposition, will likely veto the health bill but the lower house, where the ruling coalition controls the majority of the votes, may outvote it.

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