France Announces Plans to Raise Legal Retirement Age to 64, Despite Strong Resistance and Threat of Strikes" France Announces Plans to Raise Legal Retirement Age to 64, Despite Strong Resistance and Threat of Strikes

France Announces Plans to Raise Legal Retirement Age to 64, Despite Strong Resistance and Threat of Strikes

France’s government has declared its intention to increase the legal retirement age from 62 to 64 by 2030 as part of a broader effort to balance the budget, despite facing strong opposition from citizens, labor unions, and the possibility of strikes and demonstrations.

This is not the first time that France has attempted to alter its pension system; in 2019, it resulted in massive street protests and one of the country’s longest-ever transportation stoppages. The current situation is further complicated by heightened tensions across the nation.

Source: NYTimes

local_offerevent_note January 13, 2023

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