France raises retirement age as other countries consider similar moves
Macron raises French retirement age to 64, uses Article 49.3 to bypass opposition. Demographic shift means fewer workers supporting more retirees.
President Emmanuel Macron has opted to raise the French retirement age from 62 to 64, despite the fiercely contested bill risking backlash from unions and political parties on the far left and far right. Faced with opposition, Macron decided to use Article 49.3 of the French constitution, a provision that allows governments to enact legislation without approval from lawmakers. The legality of Macron’s action is not in question, but opposition lawmakers have promised to initiate a no-confidence motion. Macron’s move is the result of the reality that fewer active workers are paying the pensions of a growing number of retirees who live longer. Countries throughout the globe, including China and the UK, are facing the same problem. Some US politicians are considering raising the retirement age for younger generations.
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