French workers can retire much younger than most. That's about to change | CNN Business

. New legislation will require French citizens to work until 64, from 62 currently, to qualify for a full pension. From September this year, the regular retirement age will increase by three months a year until 2030. The higher retirement age should tackle a pension funding deficit, Prime Minister Élisabeth Borne told reporters on Tuesday as she laid out the reforms.

Workers in France have been squeezed by rising food and energy bills, and thousands took part in mass demonstrations against the cost of living on the streets of Paris last year. Strikes by workers demanding higher pay caused fuel pumps to run dry across the country a few months ago. The French will still retire earlier France spends more than most other countries on state pensions at nearly 14% of GDP in 2018, according to the Organization for Economic Cooperation and Development.

They’ve just watched the UK gov walk over the UK with pension changes so they think the French will accept this. NO because they are prepared to fight !!!! People will fight and unions will fight !!!50sWomen have been fighting for years with little back up from this country.

'Je ne veux pas travailler'.

I think retirement age should be a function of life expectancy and healthcare availability.

IRGCterrorists

コイツはただの策士逃げ方知ってるだけ超要注意人物。裏でいと引いているのは、ＺＡＺだ💢💢💢💢とそのまたバックはノラ・ジョーンズだ💢💢💢💢

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bernard Kalb, founding CNN 'Reliable Sources' anchor, dies at 100 | CNN BusinessBernard Kalb, the long-time journalist and founding anchor of CNN’s “Reliable Sources” program, died on Sunday at his home in North Bethesda, Maryland, his family said. He was 100. RIP This might be the most honest post has posted in quite some time. CONGRATULATIONS! For posting an obituary. Power of Banana shares our deepest condolences. May he have access to an abundance of bananas in heaven
Source: CNN - 🏆 4. / 95 Read more »

Business News - Latest Headlines on CNN Business | CNN BusinessView the latest business news about the world’s top companies, and explore articles on global markets, finance, tech, and the innovations driving us forward. Great, now all I need is some money to dump into a 401k Good news for you people who don't need money before age 73. The Federal match is unconstitutional: it is illegal to take after-tax govt revenue and incentive a tax-deferred account that is 100% taxed on distributions. Why force 401ks by making it automatic? It has penalties, restricts choices, and 100% of each $1 distribution is taxed!
Source: CNN - 🏆 4. / 95 Read more »