President Emmanuel Macron is focusing on cutting costs in France’s pension system, but labor unions, which fiercely oppose the measure, have promised a showdown.
Tag: French Democratic Confederation of Labor
Macron Scraps Proposal to Raise Retirement Age in France
Faced with an unrelenting protest over proposed changes in France’s generous pension system, officials withdraw a move to raise the full-benefit retirement age to 64 from the present 62.
France’s Pension Changes Won’t Affect Older Workers, Prime Minister Vows
Workers would be urged to work until 64, two years past the legal retirement age, the government said, revealing details of a planned pension overhaul that has prompted strikes.