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World · Latin America · published 2026-10-12 · via Rio Times

Uruguay Cabinet Approves Optional Retirement at 60

Image via Rio Times
Image via Rio Times

Uruguay’s cabinet approved a bill that would let workers with at least 30 years of contributions retire at 60. The measure would soften a 2023 reform that raises the general retirement age to 65, and each year worked beyond 60 would increase the pension up to age 65. The bill now goes to Parliament, but no cost estimate or bill text was published on Monday.

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[paragraph] Need maybe blank line between sections. Plain text. No markdown? Labeled sections. Fine. Need ensure EXPANDED has 2 short paragraphs under 120 words total. We have two paragraphs. Good. Potential issue: "The government says the lowest 30% of pensions..." Source says release says plan favours people with lowest incomes. The bottom 30% of pensions could retire at 60 on terms equal to or better than before Law 20,130. Our wording "lowest 30% of pensions would be no worse off" okay. "government says" source release. Fine. Potential issue: "Coverage would include the state social security agency and private pension funds" Source says rule would cover BPS and AFAPs. Good. "some professional, notary and bank schemes could opt in if their boards agree." Source says separate funds such as professionals, notaries and bank staff could join if boards decide. Good. Need maybe mention "optional retirement at 60" and "30 years contributions". Good. Could include "President Yamandú O

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “Uruguay Cabinet Backs Bill to Allow Retirement at 60.” Browse more stories.