France to raise legal retirement age to 64 by 2030

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France to raise legal retirement age to 64 by 2030
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Starting from 2027, future retirees could receive a full pension if they would have contributed for 43 years. theSun theSundaily France retirement raise pension

laid out on Tuesday details of the country’s controversial pension reform plan, progressively raising the legal retirement age to 64 and proposing a minimum pension for all retirees, reported Xinhua.

Borne pointed out that the current pension reform plan would allow people to have a minimum pension of 1,200 euros per month. “We conducted several months of consultation, we listened and we were able to see that there was another way to achieve this objective of balance in 2030,“ she said. Angered by the pension reform plan, major unions have already announced a major strike on Jan. 19 across the country.

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