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Thursday November 28, 2024

French PM proposes raising retirement age to 64

By AFP
January 11, 2023

PARIS: French Prime Minister Elisabeth Borne on Tuesday proposed raising the legal retirement age from 62 to 64 by 2030 in a major pension reform that sets the stage for a showdown with trade unions.

Borne also accelerated other planned pension system changes that will extend the careers of many workers if they want to retire with a full pension, framing the move as vital to prevent the system from collapsing under the weight of deficits.