Why France Needs Pension Reform. Share. Resize. Listen (2 min) Advertisement. This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our ...

But, while 2023 was a big year for pension reform and pension reform protests in France, the stand-off between successive governments and unions has been going on for a generation.

The Economist's France correspondent, and Macron biographer, Sophie Pedder wrote on Twitter: "France needs pension reform. It spends 14 percent of GDP on public pensions, nearly double the OECD ...

As France takes its first political steps out of lockdown, President Macron is restarting his battle over pension reform, one that led to some of the biggest strikes in decades in December 2019 ...

France's youth have featured prominently in mass protests against President Emmanuel Macron’s planned pension overhaul, rallying against a reform they consider to be unfair and symptomatic of a ...

In addition, according to the plan document available online, the normal retirement age of 65 for a seaman and 62 for a boatman, with an unreduced “early normal pension” is available at age 55 ...

In France, there is a pension reform every five or six years, and it is impossible to promise that one of them will be definitive in such an uncertain field. This ambiguity is not a recent issue.

As COR’s own findings show, the overall cost of France’s pension system has stabilised, or even shrunk, relative to the country’s economic output, dipping from 14% of GDP in 2016 to 13.7% ...

The government says the reform is “indispensable” if the pension regime is to balance its books, and France is to preserve its generous pensions, at a time when people are living nearly a ...

Last week, Mr Macron forced the pension reform through the National Assembly without a vote using Article 49.3, a part of the French constitution that enables the government to pass a law without ...