France is experiencing one of its biggest strikes in decades as public sector workers protest against changes to the pension system.
Tomasz Michalski, professor of economics at HEC Paris business school, told CNBC Thursday that for every 10 euros that a worker earns in income, that person will get one point under the new system. "But how will these points be translated into benefits?," Michalski wondered.
Previous attempts to change the pension system have also been met with strong opposition from public sector workers. In 1995, President Jacques Chirac ended up caving into union demands after his pension reform plans faced weeks of demonstrations.However, not every worker is unhappy about the expected pension reform.
However, transport workers argue that the new system would mean they would have to work longer into old age or see their pension reduced.
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