monde17.1 %Pension spending will peak at 17.1% of GDP in 2041

Italy raises legal retirement age to 67 years and 8 months by 2031

The legal retirement age will rise to 67 years and 6 months in 2029, then 67 years and 8 months in 2031.

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The fact

This reform aims to offset the retirement of baby boomers and control public spending.

Pension spending will peak at 17.1% of GDP in 2041.

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