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The French Constitutional Council approves the pension reform

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The French Constitutional Council has approved a pension reform that will raise the retirement age in France from 62 to 64. On this subject informed BFM TV.

The reform was only partially approved, the Constitutional Council having rejected six provisions of the bill. In particular, a clause was rejected that provides for fines for companies that refuse to hire citizens over the age of 55.

In addition, the Constitutional Council rejected the request of the left-wing opposition for a referendum on the pension reform, Remarks The world.

BFM sources close to French President Emmanuel Macron said the bill could be made public within the next 48 hours. In this context, the country’s authorities banned demonstrations near the Constitutional Council building for a day. The police were deployed there, and barriers were also installed near the establishment, transmits bfm. According to the police source of the television channel, the next protest action in Paris could gather around 10,000 people.

Pension reform in France

The pension reform in France was approved by President Emmanuel Macron in mid-March. The head of state passed the law bypassing parliament with the help of Article 49.3 of the Constitution, which allows the document to be approved without a vote in the National Assembly. The opposition, in turn, deemed the procedure used by Macron “authoritarian”, and also tabled two resolutions of no confidence in the government, but in both cases they failed to obtain the required number of votes.

The reform raises the retirement age from 62 to 64 and increases it in stages until 2030 – three months a year. The first increase is scheduled for September 1, 2023. In addition, by 2027, the country plans to increase the length of service required to benefit from a full pension from 41.5 to 43 years.

As Macron explained when he arrived at work, there were 10 million pensioners in France, and by 2030, according to forecasts, there will be 20 million. At the same time, French unions estimate that the initiative will affect women’s rights and the poorest sections of the population.

Opponents of the reform organize demonstrations and weekly strikes because of the law.

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Russia Desk
The Eastern Herald’s Russia Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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