View Full Version : French retirement protests take violent turn

October 19, 2010, 09:17
Sheesh,they are only raising the retirement age from 60 to 62.Seems the French are pretty pampered.........


from the article:
The protesters are trying to prevent the French parliament from approving a bill that would raise the retirement age from 60 to 62 to help prevent the pension system from going bankrupt. Many workers feel the change would be a first step in eroding France's social benefits which include long vacations, contracts that make it hard for employers to lay off workers and a state-subsidized health care system in favor of "American-style capitalism."

Sarkozy's conservative government points out that 62 is among the lowest retirement ages in the world, the French are living much longer and the pension system is losing money. The workers say the government could find pension savings elsewhere, such as by raising contributions from employers.