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On 23 July 2024, following the victory of the New Popular Front in the 2024 French legislative election, La France Insoumise proposed to scrap the pension reform plans in a vote, receiving support from the National Rally. [10]
The issue of pension reforms has been dealt with by various French governments over recent decades, specifically to tackle budget shortfalls. [5] France has one of the lowest retirement ages for an industrialised country, and spends more than most countries on pensions, with it amounting to almost 14% of economic output. [6]
This minimum pension (French: Allocation de solidarité aux personnes âgées) is the first level of the first pillar of the French pension system. The ASPA is a monthly benefit paid to low-income seniors, whether or not they are former employees. It is not a retirement pension: it is financed by the State, not by social contributions.
Watch live as protests continue in France today, 16 February, over the government’s pension reforms. Under Emmanuel Macron’s proposals, employees will work two years longer before retirement ...
Protests over pension reforms have roiled France in recent months, but demonstrations have been kept largely at bay at one of the country's glitziest events, the Cannes Film Festival. On Sunday ...
All the schemes of basic and supplementary pensions in France work on the method of distribution. The schemes redistribute every year, in the form of pensions paid to retirees, contributions received that year from the assets. If the rules of the various pension plans in France correspond to different concepts, they are based on common principles.
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In France employees of some government-owned corporations enjoy a special retirement plan, collectively known as régimes spéciaux de retraite.These professions include employees of the SNCF (national railways), the RATP (Parisian transport), the electrical and gas companies (EDF and GDF) which used to be government-owned; as well as some employees whose functions are directly related to the ...