The French government said it plans to raise the minimum retirement age to 64 from 62 as of 2030, delivering on President Emmanuel Macron’s pledge for a reform despite the threat of strikes and mass protests.
(Bloomberg) — The French government said it plans to raise the minimum retirement age to 64 from 62 as of 2030, delivering on President Emmanuel Macron’s pledge for a reform despite the threat of strikes and mass protests.
The government will raise the age for receiving a pension gradually, starting Sept. 1, 2023, it said in a statement on Tuesday. French Prime Minister Elisabeth Borne told a news conference the pension system won’t have a deficit in 2030.
Even moderate unions have vowed to take to the streets if the French president goes ahead with the age increase. The leaders of all the major labor organizations will meet later Tuesday to discuss how to respond to the government plans.
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