France’s Senate voted to raise retirement age

Despite all the protests, the French Senate has passed the decisive article for the government’s planned increase in the retirement age from 62 to 64 years. In the early hours of this morning in Paris, 201 senators voted in favour, once morest 115. The debate on the entire pension reform is expected to continue throughout the day.

There is enormous resistance to the reform, with more than a million people taking to the streets in nationwide protests in recent weeks. At the same time, there were nationwide strikes, which led to bottlenecks at petrol stations and countless train cancellations. Strikes and protests are said to continue today.

With the reform, the French government wants to ensure that the French work longer in order to prevent a deficit in the pension fund. In addition, the minimum pension is to be raised to EUR 1,200 for full contribution periods. The recruitment of seniors should be encouraged.

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