18 01, 2023

As France Moves to Delay Retirement, Older Workers Are in a Quandary

2023-01-18T15:54:40-08:00January 18th, 2023|Categories: Retirement|Tags: , , |

By Liz Alderman Source: The New York Times During her 38-year career as a sales and marketing manager, Christine Jagueneau rarely thought about retirement. But when her job at a French industrial company was eliminated just before her 59th birthday last February, the idea of tapping her pension took on unexpected urgency. Despite nearly a dozen job interviews, she said, employers have suggested that she’s too old to be hired. She has just enough savings to coast to France’s [...]

16 01, 2023

Emmanuel Macron unveils his pension reforms

2023-01-16T16:28:26-08:00January 16th, 2023|Categories: Pension Reform|Tags: , |

Source: The Economist The French government has decided to go ahead with a controversial pension reform that looks set to divide the country and spark social unrest. On January 10th Elisabeth Borne, the prime minister, unveiled the details of changes to the country’s mandatory pension rules. The fate of these measures will test Emmanuel Macron’s ability to continue to reform France during his second presidential term. The centrepiece is a raising of the legal minimum retirement age from 62 [...]

2 03, 2020

France invokes clause to push through pension reform

2020-03-02T15:00:13-08:00March 2nd, 2020|Categories: Pension Reform|Tags: , |

French Prime Minister Edouard Philippe has said the government invoked a special clause in the country’s Constitution to push through a controversial pension reform plan without a parliamentary vote. Speaking at the Lower House of Parliament, Philippe on Saturday announced his decision to use Article 49-3 to make into law the government’s pension reform bill, reports Xinhua news agency. The French goverment has planned to replace the current pension system of 42 regimes by a point-based single one with [...]

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