- Title: France's Macron says will push through pension overhaul
- Date: 31st December 2019
- Summary: LYON, FRANCE (RECENT - DECEMBER 5, 2019) (REUTERS) VARIOUS OF DEMONSTRATORS MARCHING ON FIRST DAY OF NATIONWIDE PENSION REFORM STRIKE
- Embargoed: 14th January 2020 19:26
- Keywords: Emmanuel Macron France protests New Year address pension reform strike transport unions
- Location: PARIS AND LYON, FRANCE
- City: PARIS AND LYON, FRANCE
- Country: France
- Topics: Lawmaking,Government/Politics
- Reuters ID: LVA003BCB3MMF
- Aspect Ratio: 16:9
- Story Text: French President Emmanuel Macron said on Tuesday (December 31) he would push through an overhaul of the pension system, after weeks of nationwide strikes by trade unions.
Macron said in a traditional New Year's Eve address he expected his government to quickly find a compromise with unions on the reform, but without departing from the principles laid out by ministers.
Unions are trying to force the former investment banker to abandon his overhaul of France's pension system with nationwide strikes since Dec. 5 that have crippled public transport.
Defying union anger, Prime Minister Edouard Philippe has said France would replace a convoluted system of more than 42 separate state-funded plans with a universal, points-based system that will apply to those entering the job market for the first time in 2022.
Unions have already scheduled more demonstrations for Jan. 9 against the reforms, which would scrap special regimes for sectors like the railways and make people work to 64 to draw a full pension.
(Production: Ardee Napolitano)
- Copyright Holder: REUTERS
- Usage Terms/Restrictions: None