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The French government refuses to budge on the minimum retirement age of 64

The French government is willing to accept adjustments in its pension reform project, as long as the objective of financial equilibrium can be maintained until 2030, but it will not budge on the minimum retirement age of 64 years.

“Our goal is to return to balance from 2030,” said the French Labor Minister, Olivier Dussopt, on Monday at the press conference after the Council of Ministers in which the project was approved.

Asked if the text could be modified in the parliamentary process -which will begin next week in commission and especially from February 6 in the plenary session of the French National Assembly-, Dussopt affirmed that “many demands” have already been adopted.

The French Labor Minister said that the increase in the minimum pension for all those who have completed the full contributory period will increase to 85% of the minimum wage. [ou cerca de 1.200 euros por mês] and it will apply not only to future retirees, but also to current ones.

However, when asked if these modifications could also postpone the change in the minimum retirement age from 62 to 64, Dussopt replied that this modification will be “allowing for economic balance” and “to give up this point would be to give up balance.”

The French government bases its reform on the estimates of the Pension Guidance Council (COR), an independent public body, which predicts that, without changes, the current regime will enter a deficit, standing at between 10,000 and 15,000 million euros per year until 2030. equivalent to 03% of the cost of the pension.

All the unions are opposed to raising the retirement age and, after organizing a united day of strikes and mass demonstrations that brought between one and two million people to the streets on January 19, they called for a demonstration on January 31.

The French Minister of Labor has insisted that this reform will make it possible to “correct a certain number of inequalities”.

Dussopt gave as an example the fact that self-employed farmers can benefit from the minimum pension of 85% of the minimum wage if they have completed the entire contribution period.

The minister also referred to the fact that the time spent caring for a person with a degree of dependency greater than 80% will be computed as a taxable period.

Source: TSF

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