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PM proposes early retirement to unemployed over 55

Early retirement benefits should available to people aged 55 and above if they have not been able to find employment for at least two years, Prime Minister Ferenc Gyurcsány told the press on Wednesday. He added that another proposal to reduce the age limit for travel allowances from 65 to 62 had his personal support but required careful calculation as to its viability. The age of retirement in Hungary is currently 62 years for both men and women.