Latest update: 14/06/2013
Pension reform: a major risk for Hollande?
Three years ago, France's ruling Conservatives reformed the state pension system, by pushing the legal retirement age up from 60 to 62, prompting howls of protest from the Socialists. Now, the Socialists are in power and they are angling for a reform to try to salvage the cash-strapped pay-as-you-go system. The reform is likely to resemble the one they so vividly blasted in 2010. In other words, the French will have to work longer and their pensions are likely to be less generous.
By FRANCE 24
On the set:
- Jacques Myard, Member of Parliament, UMP;
- Laura Slimani, National Secretary, Young Socialists.
Prepared by Marc Perelman and Léa Berdugo.