Don't miss

Replay


LATEST SHOWS

BUSINESS DAILY

Argentina close to bailout deal as central bank chief quits

Read more

EYE ON AFRICA

Ethiopia violence: 1,200 detained after Addis Ababa clashes

Read more

MEDIAWATCH

Macron's former bodyguard's gun selfie

Read more

THE DEBATE

Which world order? Trump, Macron spell out rival visions at UN

Read more

ENCORE!

Debra Granik: 'There aren't many women who love making films about blood and gore'

Read more

IN THE PRESS

Medical breakthrough? Researchers find way to tackle Alzheimer's

Read more

FOCUS

Jihadists, but no terror attacks: The case of Italy

Read more

THE OBSERVERS

A controversial pastor in Haiti, pollution in Casablanca, and more

Read more

PERSPECTIVE

Photojournalist Reza: 'Children are now the best photographers'

Read more

France

Lower house approves plans to raise retirement age to 62

Video by FRANCE 2

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

    Unions hail huge turnout at pensions protest

    Read more

  • FRANCE

    Sarkozy vows to raise pension age despite protests

    Read more

COMMENT(S)