London Daily

Focus on the big picture.

French PM offers to ease pension overhaul for conservatives' backing

French PM offers to ease pension overhaul for conservatives' backing

French Prime Minister Elisabeth Borne offered on Sunday to soften a planned pension overhaul to let some people who started work early also retire early in order to win conservatives support for the reform in parliament.
President Emmanuel Macron's government wants to raise the retirement age two years to 64 and extend the period workers have to pay in as part of a reform it says is necessary to keep the system out of the red in the coming years.

Since his party lost its absolute majority last year, the government needs votes from the conservative Les Republicains to pass the unpopular reform in parliament.

While workers who started to work before age 20 would be allowed to continue to leave the workforce early under the reform, Borne said she was open to suggestions from conservatives which would benefit more workers.

"We are going to move by extending the measure for long careers to those who started working at 20 and 21. They will be able to retire at 63," Borne said in an interview with Le Journal du Dimanche Sunday newspaper.

A spokesman for the Republicains in the lower house, lawmaker Pierre-Henri Dumont, told Franceinfo radio that the concession did not go far enough to win the party members' backing.

Borne said the move would affect up to 30,000 people and cost up to 1 billion euros ($1.1 billion) per year, which meant that a source of financing would need to be found.

Dumont said that an alternative amendment proposed by his party would benefit "hundreds of thousands" of people per year.

Borne's government has faced two days of nationwide strikes since presenting the reform on Jan. 10 with unions planning another on Tuesday.
Newsletter

Related Articles

London Daily
0:00
0:00
Close
Watchdog Recommends Expanding Acceptable ID for Voting
Internet Surpasses TV as UK's Leading News Source
House of Lords Warns UK Must Address Unsustainable Debt
Victims Unaware of Offenders' Early Release in England and Wales
Top Former US Military Leaders Endorse Kamala Harris, Criticize Trump
Kate Middleton Completes Chemotherapy, Gains New Perspective
Australia Implements Minimum Age for Social Media Use
Kim Jong Un Announces Increase in North Korea's Nuclear Arsenal
Chancellor Faces Labour MPs Over Winter Fuel Allowance Cut
Report Criticizes Sunak and Braverman for Comments on Met Police
Peter Nygard Sentenced to 11 Years for Sexual Assault
Princess Kate Resumes Public Duties Amid Cancer Treatment
JUST WHEN YOU THOUGHT THE UK COULDN'T SINK ANY LOWER… NOW UK WANT TO SUMMON ELON MUSK OVER "TOO MUCH FREE SPEECH" ON X
What Democrats hiding? CNBC SLAMS KAMALA FOR AVOIDING INTERVIEWS
Significant Corruption Concerns in Covid Contracts
Swiss politician lectures a German politician about democracy
Germany has just announced that they will be closing their borders and introducing border controls to protect the country
Greece to Impose Levy on Cruise Passengers Visiting Santorini and Mykonos
Former VP Cheney Endorses Kamala Harris for President
The Second Time Led Zeppelin Brought Steven Tyler to Tears
King Charles and Queen Camilla Commemorate the Second Anniversary of Queen Elizabeth II’s Passing
Harris and Walz Pledge to Reinstate 1994 Assault Weapons Ban
Balaji Srinivasan Launches Revolutionary Technocapitalist School on Private Island
IT'S HAPPENING: Absolutely massive protest in Brazil today for free speech, against their corrupt Supreme Court judge
Huawei Poised for Major AI Chip Unveil at Shenzhen Event
CIA and MI6 Chiefs Unite Amid Global Crises
UK Tycoon Mike Lynch's Cause of Death Revealed: Autopsy Report
Mass Protests Erupt Across France Against New Prime Minister Barnier
Iranian Plots to Kill Jews in Europe Unveiled
Nvidia’s AI chips are cheaper to rent in China than US
China ends tariffs on all goods exported to China from the poorest countries in the world it has diplomatic ties with, including 33 African nations
Blinken May Not Seek Another Term Due To Family Priorities
Labour Pushes for Special Tribunal Against Russia for Ukraine Invasion
Oil Companies to Contest Judicial Review of North Sea Projects
Ed Balls Urges Keir Starmer and Rachel Reeves to Address Winter Fuel Payments Controversy
British Army Major General Dismissed for Unwanted Advances
Campaigners Urge Bold Actions to Combat Rising Heart Disease in UK
UK Requires One Trillion Pounds Investment for Economic Growth
Plan to House Asylum Seekers at Former Dambusters Home Dropped
UK Drops Indecent Assault Charges Against Harvey Weinstein
Return of Brazilian Artworks to Bahia
UK Signs Landmark International AI Treaty
Demand for Justice After Death of Ugandan Runner Set on Fire
Ukraine's Major Government Reshuffle: Andrii Sybiha Appointed New Foreign Minister
North Korea Executes Officials Over Flood Response
French Woman Testifies in Landmark Rape Trial
Sicily Yacht Disaster: Fatal Asphyxiation Claimed More Lives
Michel Barnier Appointed as Prime Minister of France
The art technique of Grandma Mei Ling, age 82
Mongolia Refuses to Arrest Putin Despite ICC Warrant
×