French president Francois Hollande cuts retirement age

UK Telegraph ^ | June 6, 2012 | Emma Rowley

[rightwingintelligentsia]

Workers who entered employment aged 18 will be able to retire at 60 rather than 62, under the decree agreed at a cabinet meeting on Wednesday.

The decision follows pre-election promises from the new president Francois Hollande to reverse the rise in the retirement age introduced by his predecessor Nicolas Sarkozy in 2010.

“We committed to put this measure in place quickly for social justice for those who started working early,” said Social Affairs Minister Marisol Touraine.

The reforms will cost the state billions of euros a year but can be afforded through higher worker and employer contributions, according to the government.

[RushIsMyTeddyBear]

but can be afforded through higher worker and employer contributions
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T A X E S

[LucianOfSamasota]

social justice

How come social justice always involves someone getting the fruit of another's labor?

[JRandomFreeper]

those who started working early,

18 is starting work early? I got my first pay envelope and paid my first SS taxes at age 11.

I bought a HW-101 from Heathkit with those pennies I earned that summer. And spent the entire winter putting it together and troubleshooting it.

/johnny

[MetaThought]

Otherwise it would just be justice right? Social justice implies there's a role for redistribution in there.

[veracious]

Just expansion of the Asylum of our Era.

[St_Thomas_Aquinas]

I know whether to laugh or cry.

I’m laughing.

[Kozak]

Wwweeeeeeeee more free stuff,!!!!!!!

[St_Thomas_Aquinas]

——The reforms will cost the state billions of euros a year——

Gee, the poor state’s going to have to get a second job.

[agere_contra]

LOL, nice.

[Tzimisce]

France is going to spend its way out of debt. :)

[jwalsh07]

LOL, that oughta stabilize European markets.

[fieldmarshaldj]

Hell, cut it to 30.

[EyeGuy]

“——The reforms will cost the state billions of euros a year——”

####

My a$$.

The utter fiscal insanity will cost productive, private sector taxpayers billions of euros a year.

[RexBeach]

Gee, Obama voters in La Belle France!

[St_Thomas_Aquinas]

-—My a$$.-—

Drives me nuts. Stupid media.

[GOPJ]

How come social justice always involves someone getting the fruit of another's labor?

Because even the phrases liberals use are lies...

[Poser]

I agree. Laughing at the French is always a roaring good time.

[The Sons of Liberty]

Francois Hollande to reverse the rise in the retirement age

Should read "Francois Hollande to reverse REALITY"

But what the hey, he gets a few more votes and France goes bankrupt a couple of years sooner.

[Red Badger]

Sounds Greek to me............