Economy

France Macron to push for pension reform again despite potential strikes

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The French government is presenting new plans to update the pension system. Analysts expect some backlash from some workers.

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French President Emmanuel Macron is going at it again: a new pension reform will be presented Tuesday, and is expected to face some backlash.

Macron is serving his second term as France’s president but overhauling the pension system is a long-standing promise that dates all the way back to when he was first elected in 2017.

France’s legal retirement age is currently 62 — lower than many developed markets, including much of Europe and the U.S. The public sector also has “special regimes,” or sector-specific deals that allow workers…



Source cnbc.com

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