While announcing the reform plans at a press conference, Prime Minister Elisabeth Borne said the French government will introduce a bill that aims to raise the normal retirement age from 62 to 64 by 2030.
“I am well aware that changing our pension system raises questions and fears among the French people,” Borne said, adding that it is now the government’s job to garner popular support for reform.
Underlining that the depreciation in some professions should be taken into account, Borne said that a 1 billion Euro fund will be created to prevent professional attrition.
MINIMUM RETIRED SALARY 1200 EURO
Borne stated that the minimum pension will be increased to 85 percent of the minimum wage. Thus, the minimum pension will be around 1200 euros per month.
Mentioning that they will put an end to the majority of different types of retirement, Borne noted that this will be valid for new hires.
On the other hand, within the scope of the said reform, those who start working at an early age will be able to retire earlier and workers will not have to work for more than 44 years.
The French government projects an additional 17.7 billion euros ($19 billion) in earnings by 2030, thanks to a pension reform proposal that will raise the retirement age from 62 to 64.
Reforming France’s pension system was one of the most important promises made by President Emmanuel Macron when he was first elected in 2017.
REACTIONS TO THE Draft
The French trade unions and the left opposition bloc are in ‘hard resistance’ against the reform.
Mathilde Panot, Member of Parliament for the Unyielding France party, said on Twitter that the government’s retirement project was “archaic, unjust and cruel” and said, “The result: Ms. Borne is not ashamed of anything.” made his statement.
Jean-Luc Melenchon, from the Unyielding France party, which was the presidential candidate in last year’s elections, described the pension reform announced by the government as “serious social regression” on his Twitter account.
“The French can count on all our determination to thwart this unfair reform,” Marine Le Pen, Member of Parliament for the National Union (RN), wrote on Twitter. she wrote.
Different unions in the country issued a joint statement, calling for a strike and taking to the streets on 19 January against the pension reform.