with a launch of the pension system’s overhaul in the face of vehement trade union opposition. Prime Minister Elisabeth Borne is to detail on Tuesday plans to make the French work longer, most likely by raising the retirement age to 64 or 65 from 62 currently. With one of the lowest retirement ages in the industrialized world, France also spends more than most other countries on pensions at nearly 14% of economic output, according to the Organisation for Economic Cooperation and Development.
Strike threat Macron had to put the pension reform on ice in 2020 as the government rushed to contain the Covid outbreak and save the economy. Now, he can count on tougher union opposition than in 2020 with even the reform-minded CFDT – France’s biggest union – threatening to protest, which it abstained from three years ago despite misgivings about the reform at the time.
It's a real priority in social redistribution because it's work that ultimately finances health, pensions etc. in order to prevent the collapse of a system due to war and inflation. The other issue's the dizzying number of people who will be retiring by 2040, at European level 🌐
Macron is only a WEFpuppet of Davos and obeys his principals to sell France to the cut he is not a reformer but a simple executor. The 🇪🇺 and 🇩🇪 are demanding that France put an end to its pay-as-you-go pension system. He wants to capture the 💰 of complementary private.
Best of luck
ANAK-ANAK AJA DULU....
pension age in the UK is 67 and likely to rise to 70 very soon
😍👍👏🙋SNN
Smart Guy 🤡
ANOTHER undercover CBDC AGENDA