Thursday, December 2, 2010

[Post 52] Rite of Passage of Retirement in Spain.

When I took English As a Second Language course AUM, one of my friend came from Spain. We had interviewed each other about rite of passage of their countries, and I got to know about the Spain's. A large number of Spaniards regard the retirement as a rite of passage. The average age of retirement is 65 years old for the both male and female. And, the government is trying to expand the ages to seventy, offering much of economic incentives. However, regardless of this policy, many people do not want to work at their sixties or more. There are a few reasons why people would want to retire before the determined age.
A great number of Spanish people think that they might get more freedom after retirement. About over 50% of people get more stress, when they are at their work place. And they have enough time to do their hobbies, and even more, enjoy their life, when they get retired. For example, in my friend's uncle case, he started riding a bicycle after he got retired. He spends much of his time to do this, and he also stays in healthy.
Furthermore, people could get financial aid from the government. Spanish government has a social security program for retirement. People can get retirement income benefits through this program. However, people should meet over two agreements that employees must be 65 years old and have 15 years or more career. And the financial aid depends on people's work results.

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