Work Longer for Less and Pay More Tax, Says Oecd

Daily MailApril 17, 2008

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EMPLOYEES should be made to work past the age of 65, wage increases should be limited and mortgage tax breaks ended, a report from an influential economic body recommended yesterday.

The Organisation for Economic Co-operation and Development (OECD) said tough new measures were needed to improve competitiveness.

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Work Longer for Less and Pay More Tax, Says Oecd

The economic think tank said the current retirement age, 65, should be altered because the state pension scheme is unsustainable.

With an ageing population, the OECD recommended that this age should rise in ...

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