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View Full Version : The French will work until 62 for a pension


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

DJofSD
06-16-2010, 04:07 PM
Perhaps the farmers will drive their tractors onto the highways and set up another protest.

46zilzal
06-16-2010, 04:07 PM
He seems very popular along with his party.
http://www.telegraph.co.uk/news/worldnews/europe/france/7494774/Nicolas-Sarkozys-Right-wing-UMP-suffers-crushing-defeat-in-French-elections.html

Nicolas Sarkozy will seek to relaunch his embattled presidency on Monday after his Right-wing party suffered a crushing defeat in regional elections that were depicted as a test of his popularity.

As polling stations closed, initial estimates gave the Socialists and Greens some 54 per cent of the vote, Mr Sarkozy’s Right-wing UMP 36 per cent and the far-right National Front just under nine per cent. The poll, which saw record low turn-out, was the lowest score for the Right in more than three decades.

As one analyst put it, the president must now reinvent “le Sarkozysme 2.0” — a new ideology to woo disillusioned voters in the run up to 2012 presidential elections.