Italy is among several countries where the retirement age is set to gradually rise to 70 or more, the OECD said in its 2025 Pensions at a Glance report on Thursday.
    The retirement age in Italy is currently 67 although there is a mechanism for this to rise on the basis of growing life expectancies.
    "Future normal retirement ages range from 62 in Colombia (for men), Luxembourg and Slovenia to 70 years or more in Denmark, Estonia, Italy, the Netherlands and Sweden," the report said.
    It said that Italy was among the OECD countries where there working-age population of people aged 20-64 is projected to fall by over 30% over the next 40 years, with the others being in Estonia, Greece, Japan, Korea, Latvia, Lithuania, Poland, the Slovak Republic and Spain.

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