Extending retirement option to men 'not feasible'-union head

Union chief says proposal would lead to heavy cut in pensions

(ANSA) - Rome, July 2 - A proposal to extend an early retirement option for Italian women to men is "unfeasible" the secretary-general of Italian union Cisl said on Tuesday.
    The "Women's option" makes it possible to retire early with a recalculated pension based on lifelong contributions. CISL Secretary-General Annamaria Furlan said extending the option would lead to "a cut of between 20 and 30 percent in pension allowances", which would be difficult to bear considering that "the average pension is between 1,000-1,500 euros".


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