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Comment by AceJohnny2

The french pension reform attempts have been going on for decades. I remember in the mid-90s a huge, weeks- (months-?) long public transit strike which, funnily enough, kick-started Parisian's interest in roller-blading (and led to the awesome weekly Friday-night roller-blading tour [1]. If it's your thing, I highly recommend it! But be prepared to have to go over some cobblestone sections)

France's system has the working population pay for the pension on the retirees, as a social security tax. With the retirement age around 62-65, with the lifespan increasing, and with the Baby Boomers retiring, it isn't a sustainable system.

Every president, be they socialist or liberal, have attempted to tackle the issue, only to get country-paralyzing backlash. People will nitpick the details of whatever current plan proposes, but the fundamental problem remains.

[1] https://pari-roller.com

parent AceJohnny2 3 years ago

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