In 2023, the French government proposed a pension reform plan to merge 42 pension systems into a single, universal system. The proposed reform plan would increase the minimum retirement age from 62 to 64 and introduce a points-based system to calculate pension benefits based on a worker's earnings and the number of years worked.
The proposed reform plan was met with widespread protests and strikes across France, with many workers and unions arguing that it would lead to a decrease in pensions and make it harder for workers in certain professions, such as those with physically demanding jobs or those who start working at a young age, to retire.
The protests began in January 2023 and continued for several weeks, with transportation, education, and other public services disrupted. The government eventually made some concessions, such as exempting certain professions from the new points-based system and providing a transition period for workers close to retirement. However, the protests continued, and the pension reform plan remained contentious in French politics.
The proposed pension reform plan by the French government aimed to address the country's growing pension deficit, which was projected to reach 17.2 billion euros by 2025. The government argued that the current pension system was unsustainable and needed to be reformed to ensure its long-term viability.
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