French Pension Talks Face Turmoil Over Military Spending and Retirement Age
Syndicates and government clash as debates on reversing the 2023 pension reform intersect with calls for increased defense funding.
- French unions demand clarity on pension reform discussions, accusing the government of shifting focus from maintaining financial balance to achieving a surplus by 2030.
- The controversial 2023 reform, which raised the retirement age from 62 to 64, remains a key point of contention, with unions pushing for its repeal.
- Comments by the head of the Council on Pensions suggesting raising the retirement age beyond 64 to fund military spending angered unions, who argue social rights should not be sacrificed.
- The government’s call for pension system adjustments to address a projected €15 billion deficit by 2035 has deepened divisions among stakeholders.
- Prime Minister François Bayrou’s proposal for a referendum on pensions has drawn criticism from unions and political allies, further complicating negotiations.