The Fort Worth Press - Macron pension reform hits French parliament as new strike looms

USD -
AED 3.672504
AFN 65.000368
ALL 81.431326
AMD 361.239406
ANG 1.789785
AOA 918.000367
ARS 1544.046724
AUD 1.452222
AWG 1.8
AZN 1.70397
BAM 1.754002
BBD 2.018116
BDT 124.801578
BGN 1.747831
BHD 0.378548
BIF 2997.982153
BMD 1
BND 1.283978
BOB 12.019192
BRL 5.504904
BSD 1.002018
BTN 94.051388
BWP 13.802968
BYN 3.000673
BYR 19600
BZD 2.015246
CAD 1.41125
CDF 2320.000362
CHF 0.820469
CLF 0.024951
CLP 981.982871
CNY 6.676504
CNH 6.670804
COP 3236.357114
CRC 454.419084
CUC 1
CUP 24.048249
CVE 98.887942
CZK 21.83445
DJF 178.43146
DKK 6.708504
DOP 60.885162
DZD 136.261154
EGP 53.769786
ERN 15
ETB 164.454778
EUR 0.896804
FJD 2.265604
FKP 0.7479
GBP 0.748083
GEL 2.59504
GGP 0.7479
GHS 11.707995
GIP 0.7479
GMD 74.503851
GNF 8874.938344
GTQ 7.657056
GYD 210.062329
HKD 7.84204
HNL 26.930631
HRK 6.76901
HTG 131.321465
HUF 326.000354
IDR 18108.5
ILS 3.18593
IMP 0.7479
INR 93.910504
IQD 1519.035021
IRR 1891353.000352
ISK 122.790386
JEP 0.7479
JMD 159.024259
JOD 0.70904
JPY 158.47504
KES 130.209408
KGS 87.447804
KHR 4082.328147
KMF 442.00035
KPW 899.999961
KRW 1363.803789
KWD 0.31098
KYD 0.83512
KZT 449.127842
LAK 22542.486884
LBP 89728.711717
LKR 333.213757
LRD 170.342137
LSL 16.570826
LTL 2.95274
LVL 0.60489
LYD 6.412269
MAD 9.794718
MDL 17.910408
MGA 4553.159051
MKD 55.203803
MMK 2099.697346
MNT 3600.739032
MOP 8.088606
MRU 40.453791
MUR 47.030378
MVR 15.403739
MWK 1737.500561
MXN 18.62354
MYR 4.061504
MZN 63.903729
NAD 16.570826
NGN 1347.210377
NIO 36.87727
NOK 9.459904
NPR 150.482041
NZD 1.807175
OMR 0.384144
PAB 1.002108
PEN 3.451773
PGK 4.566611
PHP 63.108038
PKR 277.126855
PLN 3.94555
PYG 6263.39626
QAR 3.662795
RON 4.792204
RSD 105.484059
RUB 81.925564
RWF 1478.947132
SAR 3.756342
SBD 8.048583
SCR 13.773553
SDG 601.503676
SEK 9.894504
SGD 1.282704
SHP 0.748923
SLE 22.950371
SLL 20969.504398
SOS 572.620062
SRD 37.583504
STD 20697.981008
STN 21.972109
SVC 8.76732
SYP 13001.999685
SZL 16.565176
THB 33.550369
TJS 9.243442
TMT 3.5
TND 2.998341
TOP 2.40776
TRY 50.141304
TTD 6.795211
TWD 32.775304
TZS 2647.773642
UAH 45.39348
UGX 4098.470921
UYU 40.312094
UZS 11956.414511
VES 896.316404
VND 25582.5
VUV 119.504303
WST 2.787821
XAF 588.264929
XAG 0.019249
XAU 0.00024594347
XCD 2.70255
XCG 1.805838
XDR 0.707052
XOF 588.264929
XPF 106.954845
YER 236.625037
ZAR 16.51943
ZMK 9001.203584
ZMW 20.360522
ZWL 321.999592
SSP 5745.505339
MXV 2.095222
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Macron pension reform hits French parliament as new strike looms
Macron pension reform hits French parliament as new strike looms / Photo: © AFP/File

Macron pension reform hits French parliament as new strike looms

The French parliament was on Monday to start debating a contested pension reform championed by President Emmanuel Macron a day ahead of new strikes and mass demonstrations against the plan.

Text size:

The reform is the flagship domestic policy of Macron's second and final term in office, with the president determined to implement it in the face of fierce opposition from the political left and unions, but also the wider public.

He faces a dual challenge from the street and in parliament, where his ruling party lost its overall majority in elections last year even though it remains the largest faction.

His government under Prime Minister Elisabeth Borne wants to pass the legislation with the help of the right, and without recourse to the 49.3 article of the constitution.

This article allows the adoption of a text without a vote, unless a vote of confidence is called, in a move that would risk stoking more protests.

Left-wing opponents of the administration have already filed thousands of amendments ahead of the parliamentary debate beginning on Monday afternoon.

- 'Huge mobilisation' -

Walkouts and marches are planned for both Tuesday and Saturday, although unions for rail operator SNCF said they would not call for a strike at the weekend, a holiday getaway date in some regions, and just protests.

Trains and the Paris metro are again expected to see "severe disruptions" Tuesday according to operators, and around one in five flights at Orly airport south of the capital are expected to be cancelled.

Last week's demonstrations brought out 1.3 million people nationwide, according to a police count, while unions claimed more than 2.5 million attendees. Either way, it marked the largest protest in France since 2010.

"It's out in the country that this will be settled, either by a revolt or by enduring disgust" with the government, said Francois Ruffin, an MP for hard-left France Unbowed.

"The government is no longer trying to convince people, but just to win, win by resignation and exhaustion" among opponents, he added.

With pressure growing, Borne on Sunday offered a key concession to win support from the conservative Republicans party in parliament.

While the reform will set a new legal minimum retirement age of 64 for most workers -- up from 62 -- Borne said people who started work aged between 20 and 21 will be covered by an exemption allowing them to leave earlier, at 63.

Calling the offer a "band aid", the head of the CFDT union Laurent Berger said that the move "isn't the response to the huge, geographically and professionally diverse mobilisation" that has swept France.

But Republicans chief Eric Ciotti told the Parisien newspaper that he would back the reform, potentially securing a majority for the government.

- Keep seniors working -

After an attempted 2019 pensions reform that was stymied by the coronavirus crisis, the changes mark another step by reformist Macron in aligning France with its EU neighbours -- most of which already have higher retirement ages than the proposed 64 years.

He and his ministers aim to get the pensions system out of deficit by 2030 by finding around 18 billion euros ($19.5 billion) of annual savings -- mostly from getting people to work for longer and abolishing some special retirement schemes.

But while Borne and others have insisted theirs is a fair reform, critics say that women will on average have to wait still longer for retirement than men, as many have interruptions in their careers from childbearing and care responsibilities.

Opponents also say the reform fails to adequately account for people in physically strenuous jobs like builders and doesn't deal with companies' reluctance to hire and retain older workers.

Borne said the government would pile pressure on companies to end the practice of letting go of older employees, which leaves many struggling to find work in their final years before pension age.

"Too often, companies stop training and recruiting older people," Borne told the JDD weekly on Sunday.

"It's shocking for the employees and it's a loss to deprive ourselves of their skills."

A.Nunez--TFWP