Feb 2, 2023

Raising Retirement Age Unpopular In France

     From the Associated Press:

An estimated 1.27 million people took to the streets of French cities, towns and villages Tuesday, according to the Interior Ministry, in new massive protests against the government’s key pension reform plans. ...

The nationwide strikes and protests were a crucial test both for President Emmanuel Macron and his opponents. The government says it is determined to push through Macron’s election pledge to reform France’s pension system. And strong popular resentment will strengthen efforts by labor unions and left-wing legislators to block the bill, which would raise the retirement age from 62 to 64. ...

Rail operator SNCF said most train services were knocked out in the Paris region, in all other regions and on France’s flagship high-speed network linking cities and major towns. The Paris Metro was also hard hit by station closures and cancellations.

Power workers also demonstrated their support for the strikes by temporarily reducing electricity supplies, without causing blackouts, power producer EDF said. ...


7 comments:

Anonymous said...

They protested.

Nothing changed.

The plan to move the retirement age higher is still on track to happen.

Anonymous said...

People are never going to love changes like this. In 83 when the retirement age was changed for SSA it was far enough in the future but it didn't greatly affect anyone's plans.

Anonymous said...

I have noticed that if it changes someone elses retirement it isnt as big a deal as if it changes mine.

Anonymous said...

They don’t work a lot anyway.

Anonymous said...

Trouble with raising the Retirement Age is that many in our population are aging out of their ability to work/SGA, the same as always, due to multiple health problems. Raising the Retirement Age will significantly impact these people. While people may be living longer, this is not true across all Socio-Economic Classes. As difficult as it is to be found elusive for SSA Disability, these folks, and they are the vast majority, will disproportionately be hurt the most in profound ways we will all have to pay for in the end.

Anonymous said...

Some proposals are to raise full retirement age. So people can still file at 62 but would receive less.

Anonymous said...

The solution isn't cutting benefits, which are already paltry. The solution is raising revenue.