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French plan to raise retirement age by two years to 64
bbc ^

Posted on 01/10/2023 2:46:29 PM PST by BenLurkin

France's government has proposed raising the legal retirement age from 62 to 64 by 2030 in a major reform to the pension system.

But the details immediately triggered an angry response from the unions, with plans for strikes on 19 January.

A recent poll suggests 80% of the population is opposed to pushing the retirement age back to 64. Some MPs even blame Mr Macron's policy for losing his party its parliamentary majority last year.

The retirement age will be raised gradually by three months a year, starting in September, she explained. By 2027 it would reach 63 years and 3 months, and the target age of 64 in 2030. The proposals include:

Guaranteed minimum pension income of not less than 85% of the net minimum wage, roughly €1,200 (£1,060) per month at current levels, for new retirees

Police officers, prison guards, air traffic controllers and other public workers in jobs deemed physically or mentally arduous will keep the right to retire early Their retirement age will be increased by the same number of years as the wider labour force

End to so-called "special regimes" with different retirement ages and benefits for rail workers, electricity and gas workers, among others.

(Excerpt) Read more at bbc.com ...


TOPICS: Business/Economy
KEYWORDS:

1 posted on 01/10/2023 2:46:29 PM PST by BenLurkin
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To: BenLurkin

The French are going to strike? I thought that they were always on strike.


2 posted on 01/10/2023 2:48:50 PM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: BenLurkin

If they are getting full retirement at 62, that’s already among the lowest in the West, and after raising it to 64 it will still be among the lowest.


3 posted on 01/10/2023 2:54:21 PM PST by jimwatx
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To: BenLurkin

You would think that importing so many young males from the middle east and Africa would give them the workforce needed to support the current retirement system. I guess not.


4 posted on 01/10/2023 2:55:08 PM PST by beef (Say NO to the WOE (War On Energy))
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To: BenLurkin

Riots (over this) to begin in 3...2...1

Not to e confused with the ‘riot of the day’ which seems to be the French National Sport....


5 posted on 01/10/2023 3:10:38 PM PST by ASOC (This space for rent)
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To: BenLurkin

Mon Dieu!…


6 posted on 01/10/2023 3:13:17 PM PST by EEGator
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To: jimwatx

Don’t they only have to work 3 weeks a year?

Kidding, but not far from the truth.


7 posted on 01/10/2023 4:44:01 PM PST by sloanrb
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To: BenLurkin

Still working 35 hrs per week??


8 posted on 01/10/2023 5:31:12 PM PST by sasquatch
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To: BenLurkin

Gotta keep the bennies flowing to the “immigrants” so something’s gotta give.


9 posted on 01/10/2023 8:40:44 PM PST by Blood of Tyrants (DemocRats have made stronger chains on Blacks than the slave masters of old ever forged.)
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