Retirement age

2023 - 3 - 19

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Image courtesy of "CNN"

Violent protests in France after government raises retirement age ... (CNN)

CNN's Sam Kiley is in Paris, where protesters took to the streets for another day in a row, pushing back against the government's decision to raise the ...

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Image courtesy of "advisorperspectives.com"

Pension Reform Showdown: Will The U.S. Follow France's Bold ... (advisorperspectives.com)

Today, French President Emmanuel Macron took a bold step by raising the legal retirement age in his country from 62 to 64, bypassing parliament and ...

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Image courtesy of "Truthout"

French Protests Escalate Over Attempt to Force Retirement Age Hike (Truthout)

On Thursday, President Emmanuel Macron forwarded a plan to raise the retirement age without a National Assembly vote.

“It opens up a new stage for the protests.” Interior Minister [Gérald Darmanin](https://www.france24.com/en/tag/g%C3%A9rald-darmanin/) told RTL radio 310 people were arrested nationwide — 258 of them in Paris. If you found the piece above useful, informative, or inspiring, please consider supporting Truthout with a tax-deductible donation. Across the French capital early Friday, “traffic, garbage collection, and university campuses in the city were disrupted, as unions threatened open-ended strikes,” DW noted. “Now it has a full-blown crisis on its hands.” Another spray-painted an ominous message on a metal barrier — “The shadow of the guillotine is nearing” — in the exact spot where Louis XVI was executed 230 years ago. One brandished a giant fork made of cardboard as the crowd chanted “Macron démission” (Macron resign). [asserted](https://www.lemonde.fr/en/politics/article/2023/03/17/french-pension-reform-macron-s-decision-to-bypass-parliament-ignites-fear-of-social-explosion_6019730_5.html) that “this forced passage with the use of Article 49.3 must be met with a response in line with this show of contempt toward the people.” [used](https://www.reuters.com/world/europe/pressure-mounts-macron-after-violent-unrest-over-pensions-2023-03-17/) tear gas to disperse the Concorde crowd. Although unlikely, given the current makeup of the legislature, passing such a motion would not only reject the looming pension law but also “What counts is scuppering this unfair reform bill,” she said. But I consider that the financial, economic risks are too great at this stage.”

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Image courtesy of "The Guardian"

Paris police ban gatherings on key sites as French pension protests ... (The Guardian)

Increasing anger presents biggest challenge to Emmanuel Macron since gilets jaunes protests.

Opinion polls have shown about two-thirds of French people oppose the pension changes, a central pledge of Macron’s successful re-election campaign in 2022. [greatest challenge to the president’s authority](https://www.theguardian.com/world/2023/mar/17/emmanuel-macron-pensions-plan-could-define-his-remaining-four-years-in-office) since the gilets jaunes (yellow vests) protests of 2018. Police in Paris have banned gatherings on the central Place de la Concorde as thousands of demonstrators continue to protest across France against Emmanuel Macron’s decision to force through a change to the state pension age without a parliamentary vote.

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Image courtesy of "BBC News"

French pension reforms: Is Macron's government doomed by crisis? (BBC News)

No-confidence motions face the Macron government as it tries to force its unpopular changes into law.

Following the president's invocation of the 49:3 procedure, opposition parties have tabled two censure motions against the government which will be debated this week. Faith in conventional politics and the parliamentary system is in fact at rock-bottom. In a functioning democracy the opposing arguments would surely find some form of compromise. Because the alternative, Marine Le Pen, was unacceptable to most. France's demons are back, and stalking the land. They live in completely separate mental worlds, and find it impossible even to communicate."

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Image courtesy of "Republic World"

In Pics: Protesters stage demonstration in France over govt's ... (Republic World)

Protesters took to streets in Paris and other cities for a second day after French President imposed a highly unpopular bill raising the retirement age to ...

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Image courtesy of "Aljazeera.com"

Protests, strikes in France amid anger at Macron's pension reform (Aljazeera.com)

Protesters, police clash in Paris for a third night amid widespread anger over Emmanuel Macron's pension reforms.

In Bordeaux, in the southwest, police also used tear gas against protesters who had started a fire. A day of nationwide industrial action is planned for Thursday. “The reform must be implemented … Thirty-seven percent of operational staff at TotalEnergies’ refineries and depots — at sites, including Feyzin in southeast France and Normandy in the north — were on strike on Saturday, a company spokesperson said. There were 81 arrests on Saturday night. Protesters and police in the French capital, Paris, have clashed for a third night as thousands took to the streets across the country and workers at refineries went on strike to oppose the government’s decision to

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Image courtesy of "CNN"

Here's why retirement age matters for Social Security and Medicare (CNN)

62, 65, 67, 70. All these ages are important when it comes to Social Security and Medicare. And these ages are also targets in the contentious debate over ...

Raising the full retirement age is a mechanism for cutting benefits.” Few people delay collecting their Social Security benefits, though the share is growing. For many retirees, the benefits make up the bulk of their income in their older years. Doing so could wipe out about a third of the Social Security trust fund’s 75-year deficit, according to Munnell. Many folks may think that people can start collecting their full Social Security benefits at age 65, which was the retirement age for decades. [Nikki Haley recently zeroed in](https://www.cnn.com/2023/03/09/politics/nikki-haley-retirement-age-social-security-medicare/index.html) on raising the retirement age for Americans in their 20s as a way to reform Social Security, saying it should match their life expectancy. A more recent forecast by the Congressional Budget Office pegged the date at 2032 for the depletion of the retirement trust fund. Proponents argue that Americans are living longer and should be able to remain employed longer. As the US population ages, there are fewer workers paying into the programs and supporting the ballooning number of beneficiaries, who are also living longer. Americans born in 1960 or later must wait until they turn 67 to collect their full benefits. The CBO put the date at 2033. Nancy Mace of South Carolina](https://www.cnn.com/2023/03/12/politics/social-security-retirement-age-nancy-mace-cnntv/index.html) on CNN’s “State of the Union” last Sunday.

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