Home » Politics » France will raise the minimum retirement age to 64 by 2030

France will raise the minimum retirement age to 64 by 2030

Recent News

Prime minister of FranceElisabeth Borne, pension reform was announced on Tuesday which is expected to raise the retirement age to 64 by 2030 and increases the minimum pension for each beneficiary by 100 euros per month in relation to the current benefit.

In this way, the legal retirement age will be increased to 64 years, ie compared to the current 62. The measure will be implemented gradually adding three more months per year starting in September, he said before a project expected, as well as controversial, announced by the French president, Emmanuel Macronduring the election campaign.

Also, the contribution period necessary to benefit from a full pension will be gradually increased up to the age of 43although the full retirement age will remain at 67, as reported by the newspaper ‘Le Parisien’.

Borne also announced a revaluation of pensions to 85 percent of the interprofessional minimum wage, that is, around 1,200 euros net. The minimum will be indexed to the minimum wage at retirement and no longer to inflation.

The move has drawn criticism from the French opposition. The President of Unsubmissive France, Jean-Luc Mélenchon, He declared that the reform proposed by Macron and Borne is a “serious social setback”.although the deputy Mathilde Panot, from the same formation, indicated that the prime minister “is not ashamed of anything”.

For her part, the leader of the ultra-right National Group, Marine Le Pen, explained in her profile Twitter to “The French can rely” on the decision of their party “to block this unjust reform.”

The Bill, which also includes an “adaptation” system for those citizens who started working before 20 years of agewas presented to the Council of Ministers on January 23 and will reach the National Assembly on February 6, as reported by BFMTV.

Scroll to Top