In most cases, when money is transferred from one super fund to another when consolidating or switching funds, no additional tax is payable. If primary teachers do accept longer hours in return for a higher salary then, once the new contract is accepted, those working hours are fixed in stone. It remains the greatest source of social misery on the continent requiring intense austerity in countries such as Greece and causing terrible youth unemployment across southern Europe from which millions will suffer lifelong scars.
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