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France’s Macron Seeks Bigger Military, Leaner Pension System
France plans to increase military spending from 295 billion euros to 400 billion euros for 2024 to 2030. Some of this will come from reform of the pension system that takes up 13.1% of economic output by raising the retirement age from 62 to 64 years. A million people protest in Paris on Jan 20. One of the problems in implementing this is that in France there is significant age discrimination for jobs compared to Germany and other countries. This means workers would have to wait longer for pensions even workers with good qualifications looking for work. Efforts to tackle this cultural issue with companies biased against older workers are lacking.
The fight over pension age in France- unfairness to women and people starting work early
04/08/2023
Pension protests in France with 75% of women opposed to the pension changes. A sense that the timing was wrong because of the cost of living crisis following a pandemic. And the nature of pensions requiring efforts to change culture of age discrimination at work in France that has a serious impact on pensions, pension age and fairness of the system. About two thirds of French people oppose the pension changes put through by presidential executive action without parliament approving it.
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What Is the Ideal Retirement Age for Your Health?
NYTimes.com 04/08/2023
France’s Macron Seeks Bigger Military, Leaner Pension System
WSJ 01/20/2023
‘Not just about pensions’: French protesters see threat to social justice in Macron’s reform
France 24 02/05/2023
Hundreds of thousands protest across France against pension reform, unions vow to ramp up strikes
France 24 02/12/2023
Fight Over Retirement in France Is a Question of Identity
NYTimes.com 03/08/2023
‘We can defeat Macron’: Why women’s anger is fuelling French pension protests
France 24 03/08/2023
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