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COR Pre-Report Calls for Further Pension Age Increase to 66.5 by 2070

Unions have denounced the recommendation in a debate defining pension policy for the 2027 election.

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Gilbert Cette est à la tête du Conseil d'orientation des retraites (COR).

Overview

  • The COR’s pre-report outlines a phased rise in the legal retirement age to 64.3 by 2030, 65.9 by 2045 and 66.5 years by 2070.
  • Unions including CGT and CFDT have denounced the recommendation as a misuse of the advisory body’s mandate.
  • The Cour des comptes warns that without additional reforms the pension system will face deficits of €15 billion by 2035 and €30 billion by 2045.
  • A May Ifop survey found that 73 percent of French respondents support repealing the current reform that raised the retirement age from 62 to 64.
  • Ahead of the 2027 campaign, Gérald Darmanin will hold a June 11 public meeting on pension capitalisation and Édouard Philippe has proposed funding 10–20 percent of benefits through private capitalisation.