Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Mashujaa day: Kenyatta and Odinga call for peace before election rerun

Read more

THE INTERVIEW

Kurdish referendum a ‘colossal mistake’, says son of late president Talabani

Read more

MEDIAWATCH

The new 30s club: NZ's Jacinda Ardern joins list of maverick leaders

Read more

THE WORLD THIS WEEK

Raqqa, Kirkuk, Xi Jinping

Read more

REPORTERS

The Dictator's Games: A rare look inside Turkmenistan

Read more

#TECH 24

Teaching maths with holograms

Read more

DOWN TO EARTH

Is China exporting its pollution?

Read more

#THE 51%

Are female empowerment adverts actually good for the cause?

Read more

FOCUS

The mixed legacy of 'Abenomics' in Japan

Read more

France

Lower house approves plans to raise retirement age to 62

Text by News Wires

Latest update : 2010-09-11

France's lower house of parliament has backed a proposal to increase the retirement age from 60 to 62, a key item on President Nicolas Sarkozy's agenda that unions have vociferously opposed. Senators are due to vote on the law later this month.

AFP - French lawmakers on Friday approved government plans to raise the retirement age from 60 to 62 by 2018, a key item on President Nicolas Sarkozy's agenda to overhaul the costly pension system.
  
The lower house of parliament was to vote later Friday on proposals to gradually lift the age when pensions will be paid out in full from 65 to 67 regardless of the number of years retirees have contributed to the pension fund.
  

The lower house vote on the entire pension bill has been scheduled for Wednesday before a Senate vote in late September.
  
Prime Minister Francois Fillon said Thursday, two days after over a million people took to the streets in protest, the pension reform was "reasonable" but not "definitive" and open to adjustments.
  
He also warned that without an extension of the working life pension schemes could not be balanced.
  
Unions have called on French workers to make September 23 another "major day of strikes and demonstrations" to fight the reform.
  
French workers have been legally entitled to retire at the age of 60 rather than 65 since 1983, under then president Francois Mitterrand, a socialist.

Date created : 2010-09-10

  • FRANCE

    Sarkozy vows to raise pension age despite protests

    Read more

  • FRANCE

    Unions hail huge turnout at pensions protest

    Read more

  • Special report: France's pension battle

    Read more

COMMENT(S)