The Arguments For and Against French Pension Reform
The current retirement age is low, but the French object to working longer.
The current retirement age is low, but the French object to working longer.
The current system isn’t fair.
French pensions are too generous. The pension system is too expensive.
It’s the right thing to do.
The piecemeal reforms proposed by Spain’s Socialist government are insufficient.
The current system is a mess. Changes would be phased in over twenty years.
Greek leaders hope that the latest round of cutbacks will unlock talks in Brussels about debt relief.
Alexis Tsipras proposes to raise pension contributions rather than cut benefits.
Many cities and states won’t be able to make good on the promises they’ve made to their workers.
Greece refuses creditor demands for pension and tax reforms, making a deal less likely.
The IMF rejects Greece’s proposals for pension reform, setting back hopes of a bailout deal.
Charles Michel emphasizes labor and pension reforms in his first speech as prime minister.
A next Conservative government will freeze benefits for working age Britons and overhaul pensions.
Making the French work a little longer doesn’t solve the pension system’s problems in the long term.
The president can ill afford to alienate his own base by proposing sweeping changes to the nation’s pension system.