2023 French pension reform law

Common card · No. 231597

In 2023, a law was passed in France that raises the retirement age from 62 to 64 with a requirement that the retiree has worked at least 43 years. Its provisions, which sparked strikes, were highly controversial, as was Prime Minister Élisabeth Borne's invocation of Article 49.3 of the French Constitution, allowing a draft law to pass without a vote unless the Assembly adopts a motion of no confidence within a set time. Two such motions were filed within the required timeframe, and both of them were voted down on 20 March. The law was to deal with a pension system budget deficit projected to reach €13.5 billion per year by 2030.

Read on Wikipedia