In December 2019, the Elysée announced that it would put a stop to the special retirement system for future presidents. But so far, nothing concrete has been implemented. READ MORE : Subscribe to our channel: Watch our LIVE here: Subscribe to our thematic channels: NoComment: Euronews Green: Euronews Next: Euronews Travel: Euronews is available on YouTube in 12 languages: #World...(read more)
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In France, strikes have been common in recent years, and they have recently been focused on President Emmanuel Macron's generous pension. The president has stated that he will not be taking his pension and has renounced it. This move has raised questions about Macron's commitment to the reforms he has been advocating for in the pension system. France is a country known for its social security system, which is based on a "pay as you go" system. This means that current workers pay for the pensions of current retirees. The system has been running into problems in recent years, as the population is aging, and there are fewer and fewer workers to support retirees. In response to these challenges, the French government has been working on reforms to the pension system. Macron campaigned on a promise to modernize the system and make it more sustainable. However, the reforms have faced significant opposition, with many unions and workers protesting against the proposed changes. One of the key issues in the protests has been the question of pensions for politicians. There has been significant criticism of the fact that members of parliament and other high-level officials receive generous pensions, even though they have only worked for short periods of time. Macron has been under pressure to renounce his own presidential pension, which is worth a substantial amount of money. In response to this pressure, Macron has stated that he will not be taking his pension. He has argued that this is a symbolic gesture, which shows his commitment to the reforms he has been advocating for. However, some critics have argued that this move is not enough, and that Macron should be doing more to address the underlying problems with the pension system. The current strikes and protests in France are a reflection of the deep-seated disagreements over the future of the pension system. While the government has argued that its reforms are necessary to ensure the long-term stability of the system, many workers and unions have argued that the changes will lead to lower benefits and more insecurity for retirees. It remains to be seen how the situation will be resolved, but it is clear that the issue of pensions will continue to be a contentious and important one in France in the coming years. Macron's decision to renounce his presidential pension is one small step towards addressing some of these concerns, but there is still much work to be done to ensure that the pension system is fair and sustainable for all. https://inflationprotection.org/has-emmanuel-macron-relinquished-his-generous-presidential-pension-amidst-frances-strikes/?feed_id=95138&_unique_id=64575310d17a6 #Inflation #Retirement #GoldIRA #Wealth #Investing #EmmanuelMacron #FrancePensionStrike #Retirement #World #RetirementPension #EmmanuelMacron #FrancePensionStrike #Retirement #World
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