Macron: 2023 will be year of pension system reform

 

Bloomberg

French President Emmanuel Macron pledged to push ahead next year with an unpopular overhaul of the country’s pension system that will effectively force people to work longer.
The new rules on retirement will apply from the end of the summer, he said during a New Year’s address to the nation in which he urged citizens to remain unified and not give in to division. “This year will indeed be that of a pension reform that aims to guarantee the equilibrium of our system in the years and decades to come,” he said. “We have to work more.”
Macron will likely face a difficult start to 2023 as he seeks to drive forward his plan, which includes raising the minimum age to collect government benefits to 65 from 62.ore moderate trade unions. Details of the overhaul are due to be unveiled on January 10, and all major worker and student groups have warned of demonstrations and strikes to protest the move.

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