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France faces massive strikes over pension reform

8 Comments
By Adam PLOWRIGHT and Stephanie LEROUGE

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Entitlements were established when people died younger and the ratio of earners to receivers of benefits was more sustainable. Unfortunately in a democracy the ability of the state to fix this is limited. Sad for the retirees , but id]f benefits not addressed then they will end up paying thru the current bout of high inflation.

-1 ( +1 / -2 )

quote: leisure and a long retirement at the end of working life.

When you are too old to enjoy it, frequently in pain, lacking mobility and with a dodgy bladder.

Currently, only rich people get to enjoy life when they are young.

Instead, folk should have 6-12 months off, every 5-7 years, when they are young, so they can enjoy it, either updating skills, travelling or relaxing. That can be paid for with workplace pensions, old age pensions being covered by the state with options such as supported housing and care.

-2 ( +1 / -3 )

Instead, folk should have 6-12 months off, every 5-7 years, when they are young, so they can enjoy it, either updating skills, travelling or relaxing. That can be paid for with workplace pensions, old age pensions being covered by the state with options such as supported housing and care.

You are aware that SOMEONE would have to pay for this, right?

This is lunacy. A retirement scheme of some sort is an excellent idea. Before Social Security, 1/2 of all Americans died in poverty, dire poverty.

However,......

This is not some forever holiday on the taxpayer dime. If the population lives longer (as it clearly does vs. when the program was instituted) it should work longer to get benefits.

When Social Security was started in the US, the Retirement age was 65 and the average male life span was round 68. Now it is bumping up on 80. So we raised the retirement age for full benefits to 67. Some day it will probably be raised by necessity to 70.

We live longer, we work longer (unless we are able to save more). That is a fair trade for a longer lifespan.

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Good!

-1 ( +1 / -2 )

slavery system

-2 ( +0 / -2 )

1+1=6 yet again.

Let's just carry on borrowing Chinese money to keep the French governments hideously unequal retirement Ponzi scheme afloat, arithmetic be damned.

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Macron's plan to raise the official age of retirement from 62 to 64 i

Big deal. 2 more years of working in the early 60s. Spoiled kids don't want to work and the unions are willing to wreck their own country over it.

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Nemo,you work to 100, American payed into the American system,they should get something out of it,that 100 of billion sent to Ukraine, could payed a lots of American, even American that are eligible for SS Disability are denied,while some American think Ukrainain, should get for just being victim

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