BBCNEWS Outside Source June 4, 2024 19:11:00
On pushing this reform through? and why is it proving so tricky? currently, france's state retirement age is 62 — much lower than many of its european neighbours. in the uk it's 66, germany and italy 67, and spain 65. the problem, according to macron is demographics. there are only 1.7 workers for every pensioner in france, down from 2.1 in 2000. if the retirement age were to remain fixed at 62, there would only be 1.2 taxpaying workers to support each retiree in 2070. retirement spending by the state was equal to 13.6% of its economy in 2021, compared to about 10% in germany and nearly 11% ...