Macron presses ahead with pension reform as French discontent swells

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Macron presses ahead with pension reform as French discontent swells
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France has one of the lowest retirement ages in the industrialised world. Read more at straitstimes.com.

and score a major political victory this week with a launch of the pension system’s overhaul in the face of vehement trade union opposition.

Pension reform in France, where the right to retire on a full pension at 62 is deeply cherished, is always a highly sensitive issue and even more so now with social discontent mounting over the surging cost of living. Now, he can count on tougher union opposition than in 2020 with even the reform-minded CFDT - France’s biggest union - threatening to protest, which it abstained from three years ago despite misgivings about the reform at the time.

Protesters wear yellow vests at a rally against soaring living costs and climate inaction in Paris on Oct 16, 2022. PHOTO: AFP

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