French PM Édouard Philippe Speaks On National Pension Plan: ‘Minimum Retirement Age Will Remain 62’

by | Feb 21, 2023 | Retirement Pension




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On Tuesday, French Prime Minister Édouard Philippe made a statement regarding the government’s plans for the national pension plan. He announced that the minimum retirement age would remain at 62, despite plans to raise it to 64.

The announcement comes after months of debate and negotiations between the government and trade unions. The proposed increase to the minimum retirement age was a major sticking point for the unions, and the government’s decision to keep it at 62 is seen as a victory for them.

In his statement, Philippe said that the government had taken into account the concerns of the unions and had decided to keep the minimum retirement age at 62. He also said that the government would continue to work with the unions to ensure that the pension system is fair and equitable.

The government’s decision to keep the minimum retirement age at 62 is seen as a major victory for the unions, who had threatened to go on strike if the age was raised. The unions had argued that raising the minimum retirement age would be unfair to those who had already been working for many years and were close to retirement.

The government’s decision to keep the minimum retirement age at 62 is likely to be welcomed by many French citizens, who had feared that raising the age would make it more difficult for them to retire. The decision is also likely to be welcomed by businesses, who had been worried that raising the age could lead to an exodus of experienced workers.

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Overall, the government’s decision to keep the minimum retirement age at 62 is seen as a victory for the unions and a relief for businesses and citizens alike. It remains to be seen what other changes the government will make to the national pension plan in the coming months.

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