French Constitutional Council Approves Pension Age Increase Bill

IranGate
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French Constitutional Council Approves Pension Age Increase Bill

The Constitutional Council of France approved the bill to raise the retirement age.

Despite protests, the Constitutional Council of France, the highest authority for reviewing enacted laws, did not find the government’s controversial bill to reform the country’s pension system to be unconstitutional.

The French government’s move to increase the minimum retirement age from 62 to 64 years has sparked protests across the country in recent months.

Emmanuel Macron, the President of France, has stated that without raising the retirement age, the French pension system will be completely paralyzed within the next few decades.

With an aging population and longer lifespans, pension payments are placing increasing pressure on the resources of the state pension fund, especially since pension payments in France are also considered generous.

Labor and trade unions have organized a series of nationwide protest demonstrations against this bill since January.

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