France pensions protests: Top court backs unpopular plans to raise retirement age to 64

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Paris
CNN
 — 

France’s top court on Friday approved the government’s unpopular plans to raise the age of retirement by two years to 64, a huge win for President Emmanuel Macron in the face of mass protests across the country.

Pension reform in France, where the right to retire on a full pension at 62 is deeply cherished, is always a highly sensitive issue and even more so in recent months with social discontent mounting over the surging cost of living.

Sweeping protests have paralyzed major services across France year this year over Macron’s proposed changes to the pension system. There have been violent clashes between police and demonstrators.

As part of the ruling, the Constitutional Council – similar to the US Supreme Court – also refused a first request by opposition lawmakers to hold a referendum on the reform. A last-minute second request put forward Thursday to hold a referendum on the reform remains under consideration.

Students and young protesters gather in front of Gare Saint Lazare train station in Paris on April 14, 2023.

Macron’s government has said the reform is necessary to keep the pension system’s finances out of the red in the coming years.

Ahead of the ruling, heightened security was in place in Paris amid expectations of spontaneous protests.

The law is now due to go into effect in September. The first retirees will have to wait an additional three months for their state pensions. With regular, incremental increases, by 2030 the retirement age will have reached 64.

Even with the changes, France’s new retirement age will still be below the norm in Europe and in many other developed economies, where the age at which full pension benefits apply is 65 and is increasingly moving towards 67.

People demonstrate on Thursday in the streets of the French capital, between the Place de l'Opera and the Place de la Bastille.

State pensions in France are also more generous than elsewhere. At nearly 14% of GDP in 2018, the country’s spending on state pensions is larger than in most other countries, according to the Organization for Economic Cooperation and Development.

The French government will now be hoping that the protests, which had already shown signs of waning, will come to an end.

The government further inflamed anger earlier this year by using executive powers to force the changes through parliament .

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