From 2019, most employees in private sector will have to work until 63 to get full pension, but will get a bonus if they delay retirement until 64.
Manuel Valls will save low-income pensioners from one-year freeze of benefits and pensions in his 50 billion-euro deficit reduction drive.
Despite EU concerns, Pierre Moscovici insists pace of economic reform in France is already going 'at a very fast speed' and cannot be accelerated.
Health and Social Affairs Minister Marisol Touraine insists new reforms, criticised by the Right as lacking boldness, are no stopgap measure.
PM Jean-Marc Ayrault has ruled out raising the minimum retirement age and left the door open to tax rises in order to trim the annual shortfall.
French PM Jean-Marc Ayrault suggests giving those in tough physical jobs a points-based credit system rather than pension based on years worked.
Government-commissioned report urges longer working years for full pension benefits and reduction of tax breaks for wealthier retirees.
In return for getting two more years to bring its budget deficit back in line France must start its reforms this year says European Commission.
Amidst the heated debate over the French government’s plan to further reform the French pension system, a cross-party parliamentary committee will next month deliver its recommendations on remedying what one of its members describes as the “scandalous” plight of hundreds of thousands of immigrant workers who enter retirement with little rights and in conditions of dire poverty. Carine Fouteau reports on a shameful social issue that has hitherto been swept under the carpet by successive governments, and hears from the committee’s rapporteur, Alexis Bachelay, what reforms he and his colleagues are due to propose in June.
Socialist government says it will overhaul pension system again because former president Nicolas Sarkozy failed to ensure its long-term viability.