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Macron's unpopular pension plan enacted into French law

Macron's unpopular pension plan enacted into French law

CTV
Saturday, April 15, 2023 05:34:10 PM UTC

French President Emmanuel Macron's unpopular plan to raise France's retirement age from 62 to 64 was enacted into law Saturday, the day after the country's constitutional body approved the change.

French President Emmanuel Macron's unpopular plan to raise France's retirement age from 62 to 64 was enacted into law Saturday, the day after the country's constitutional body approved the change.

Macron's signature and publication in the Official Journal of the French Republic allowed the law to enter into force. The authorized changes will start being implemented in September, French government spokesperson Olivier Veran said.

On Friday, the Constitutional Council rejected some parts of the government's pension legislation but approved the higher minimum retirement age, which was central to Macron's plan and the focus of opponents' protests.

The nine-member council's decision capped months of tumultuous debates in parliament and fervour in the streets. Spontaneous demonstrations took place in Paris and across the country after the ruling.

France's main labour unions, which organized 12 nationwide protests since January in hopes of defeating the plan, have vowed to continue fighting until it is withdrawn. They called for another mass protest on May 1, which is International Workers' Day.

The government argued that requiring people to work two years more before qualifying for a pension was needed to keep the pension system afloat as the population ages; opponents proposed raising taxes on the wealthy or employers instead, and said the change threatened a hard-won social safety net.

Opinion polls show Macron's popularity has plunged to its lowest level in four years. The centrist president, who made raising the retirement age a priority of his second term, plans to make a televised national address on Monday evening, Macron's office said.

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