When will the retirement policy protest in France come to an end? | Somoy TV covers the protests.

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Retirement is a critical milestone in the lives of working individuals, and it is important that they are provided with adequate policies and benefits to support their retirement period. The French government has been in the process of revamping their retirement policy, which has led to a wave of protests across the country. The proposed retirement policy in France suggests raising the retirement age from 62 to 64 years, and the government aims to implement a universal points-based pension system, which would replace the current system that has been in place since the end of World War II. This new system would also combine different pension plans, and it has created worries among citizens who fear that their pensions would be reduced, and their retirement period would be delayed. The proposed changes have been met with wide-spread resistance, leading to protests that have been ongoing for months. In December of 2019, millions of people took to the streets to oppose the government's retirement plan, with police using tear gas and water cannons to control the crowds. These protests have been the largest in France since the Yellow Vest protests that began in 2018. The protests are not confined to France, as French expatriates from over 150 countries have also voiced their opposition to the proposed changes. These expatriates are concerned that the proposed changes would impact their access to pensions, as they may no longer be eligible for the same benefits as those who reside in France. The concerns of French citizens are justified, as the proposed changes would likely have a significant impact on their retirement. An expert from the French Senate has stated that the new system could result in a 20% reduction in pensions for the working-class population. Additionally, the proposed increase in retirement age would mean that older workers would be required to continue working for an extended period, which can be challenging for many individuals. The French government argues that the proposed changes are essential to create a fair and sustainable pension system, which would support workers and retirees in the long run. However, the opposition parties and the citizens have called for the government to withdraw the reform entirely, stating that it does not take into account the interests of the working-class population. In conclusion, the proposed retirement policy in France has sparked widespread protests, as citizens fear that the new system would reduce their retirement benefits and delay their retirement age. The French government has argued that these changes are necessary to create a sustainable pension system, but the opposition and the citizens believe that the new policy does not address the concerns of the working-class population. It remains to be seen how the government will address these concerns and find a solution that would benefit all citizens. https://inflationprotection.org/when-will-the-retirement-policy-protest-in-france-come-to-an-end-somoy-tv-covers-the-protests/?feed_id=94718&_unique_id=6455ac9a0630e #Inflation #Retirement #GoldIRA #Wealth #Investing #France #Francenews #franceprotestovertheretirementpolicy #internationalnews #internationalnewsupdate #pension #Pensionpolicy #pensionpolicyinfrance #protest #protestinfrace #Retirement #retirementpolicy #RetirementPolicyinFrance #somoynews #somoynewsupdate #somoytv #TopNews #topnewsupdate #RetirementPension #France #Francenews #franceprotestovertheretirementpolicy #internationalnews #internationalnewsupdate #pension #Pensionpolicy #pensionpolicyinfrance #protest #protestinfrace #Retirement #retirementpolicy #RetirementPolicyinFrance #somoynews #somoynewsupdate #somoytv #TopNews #topnewsupdate