President Macron pushes back presentation of French pension overhaul to January


French President Emmanuel Macron said on Monday that he was withdrawing a presentation on a major overhaul of pensions condemned by labor unions, citing recent leadership changes in two opposing parties. .

Both the Green Party and the right-wing Republican Party have elected new leaders, and Macron said he would consult with them before revealing details about great reform on January 10, instead of Thursday as planned.

“This will bring a few more weeks for those who… have taken over to discuss some key elements of the reform with the government,” Macron said at the latest meeting of the so-called “council.” national re-establishment”.

Macron says the retirement age needs to be extended to 64 or 65, from 62 now – one of the lowest in the EU – to fund the pay system as more people live longer and join forces work later.

According to a September report from the government’s pensions advisory board (COR), the system could run into a surplus of 3.2 billion euros this year, but is forecast to fall into a structural deficit in the coming decades. next century unless new funding is found.

Macron has also promised to streamline the country’s 42 separate pension schemes, which offer early retirement and other benefits primarily to public sector workers.

There has been fierce opposition to the reform plan that has been one of Mr Macron’s long-term goals in power.

Trade unions staged massive protests and strikes on reform first tried two years agobefore the government abandoned it when the Covid-19 crisis engulfed the world in early 2020.

Macron’s overhaul would be the most sweeping in a series of pension reforms enacted by successive governments on both the left and the right in recent decades aimed at ending budget shortfalls. .



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