Timothy Sumer

The retirement age in France will rise to 64 from 62 by 2030, Prime Minister Elisabeth Borne announced Tuesday, detailing an unpopular reform of the pension system that risks strikes and will test President Emmanuel Macron's ability to deliver change. #retirement #pensions #France 🔔 Subscribe to France 24 now: 🔴 LIVE - Watch FRANCE 24 English 24/7 here: 🌍 Read the latest International News and Top Stories: Like us on Facebook: Follow us on Twitter: Discover the news in pictures on Instagram: ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing France's government is set to raise its retirement age to 64 by 2030 as part of a controversial pension reform package. The move is aimed at boosting the country's economy and making its pension system more sustainable. T...

French President Emmanuel Macron ordered his prime minister to wield a special constitutional power on Thursday that skirts parliament to force through a highly unpopular bill raising the retirement age from 62 to 64 without a vote. His calculated risk set off a clamor among lawmakers, who began singing the national anthem even before Prime Minister Elisabeth Borne arrived in the lower chamber. She spoke forcefully over their shouts, acknowledging that Macron's unilateral move will trigger quick motions of no-confidence in his government. The fury of opposition lawmakers echoed the anger of citizens and workers' unions. Thousands gathered at the Place de la Concorde facing the National Assembly, lighting a bonfire. As night fell, police charged against the demonstrators in waves to clear the elegant Place, but hundreds remained nearly an hour later. For more on the ensuing 'constitutional crisis,' FRANCE 24 is joined by Eric Fassin, Professor of Sociology in t...