JustRalph
06-16-2010, 04:01 PM
http://www.telegraph.co.uk/news/worldnews/europe/france/7832032/France-to-raise-retirement-age-to-62.html
My God!!! How will they do it?
http://i.telegraph.co.uk/telegraph/multimedia/archive/01658/france_1658869c.jpg
France to raise retirement age to 62
The French will have to work beyond the age of 60 in order to get a full pension after President Nicolas Sarkozy's Right-wing government raised the retirement age to 62.
The change is expected to come into place in 2018 as part of an effort to get the country's spiralling public finances under control.
The move has been strongly opposed by the opposition Socialist Party and labour unions, but Eric Woerth, the labour minister, said the measure was a "real moral obligation," given France's burgeoning deficit and its aging population, which he said threatens the viability of the money-losing pension system.
more at the link
My God!!! How will they do it?
http://i.telegraph.co.uk/telegraph/multimedia/archive/01658/france_1658869c.jpg
France to raise retirement age to 62
The French will have to work beyond the age of 60 in order to get a full pension after President Nicolas Sarkozy's Right-wing government raised the retirement age to 62.
The change is expected to come into place in 2018 as part of an effort to get the country's spiralling public finances under control.
The move has been strongly opposed by the opposition Socialist Party and labour unions, but Eric Woerth, the labour minister, said the measure was a "real moral obligation," given France's burgeoning deficit and its aging population, which he said threatens the viability of the money-losing pension system.
more at the link