Saturday, April 1, 2023

France wants to raise the retirement age to 64

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ARCHIVE – Élisabeth Borne, Prime Minister of France, gives a press conference in the Federal Chancellery. With a controversial reform, the French government wants to gradually raise the retirement age by two years to 64. Photo: Kay Nietfeld/dpa

As Prime Minister Élisabeth Borne said on Tuesday evening in Paris, the age limit should increase by three months each year and reach 64 in 2030. There should be exceptions, for example for people with health problems and an early start in working life. She described the plan of the center government under Head of State Emmanuel Macron as a plan for balance, justice and social progress.

Currently, the retirement age in France is 62 years. Those who have not paid in long enough at that age to be entitled to a full pension can sometimes work longer. At the age of 67, the full pension entitlement applies regardless of the payment period – the government wants to keep this, but the number of payment years required beforehand is to increase faster than previously planned.

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