(14 Apr 2023) Thousands returned to the streets of Paris to once again protest President Emmanuel Macron’s plan to raise the retirement age.

Subscribe for more Breaking News:
Website:
Twitter:
Facebook:
Instagram:
​

You can license this story through AP Archive: …(read more)

LEARN MORE ABOUT: Retirement Pension Plans

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

Protests have been ongoing in Paris for the past several weeks, as thousands of demonstrators take to the streets to voice their opposition to proposed pension reforms.

The French government, led by President Emmanuel Macron, has proposed a range of changes to the pension system in an effort to streamline and modernize it. The reforms would introduce a universal points-based system, replacing the 42 different pension schemes currently in place.

However, many workers fear that the changes could lead to longer working hours, lower benefits, and a higher retirement age. There is also concern that the new system could be less favorable to specific professions, such as those who work in physically demanding jobs.

The protests have been largely peaceful, but there have been some instances of violence and vandalism. Police have used tear gas and water cannons to disperse demonstrators, and there have been clashes between protesters and police.

In addition to the protests on the streets, there have also been strikes and walkouts in various sectors of the economy, including transportation, healthcare, and education. The strikes have caused significant disruption, with many schools and public transportation services being affected.

The government has defended the reforms, arguing that they are necessary to address the country’s aging population and unsustainable pension system. They have also emphasized that the new system would be fairer and simpler, with everyone receiving the same benefits based on the number of points they accrue over their working life.

Despite these arguments, many people remain opposed to the reforms and are calling for the government to abandon them entirely. The demonstrations show no signs of abating, and it remains to be seen whether the government will be able to push through their proposed changes or if they will have to make significant concessions to satisfy the protesters.