Daily Mail: Macron caves in: French government offers to scrap plan to raise pension age to 64 after weeks of rioting and crippling strikes - as Paris burns yet again
* French government has offered to withdraw plan to raise pension age by two years in compromise to unions
* The message was delivered as thousands of protesters took to the streets for 38th day of protests andstrikes
* The moderate CFDT union welcomed 'the withdrawal of the pivot age' from the controversial bill
France's government offered a possible compromise to unions waging a crippling, weeks-long transport strike against pension reform.
The government on Saturday offered to withdraw the most contested proposal that would in effect have raised the retirement age by two years.
'To demonstrate my confidence in the social partners... I am willing to withdraw from the bill the short-term measure I had proposed' to set a so-called 'pivot age' of 64 with effect from 2027, Prime Minister Edouard Philippe wrote in a letter to union leaders a day after they met seeking to end the labour action, now in its 38th day.
Read more ....
More News On The French Government Offering To Scrap Plans To Raise The Pension Age To 64 After Weeks Of Rioting And Crippling Strikes
French PM 'willing' to temporarily shelve plans to raise age for full pension benefits -- France 24
France protests: PM offers pension compromise in bid to end strike -- BBC
French PM makes major concession to unions over pension age -- The Guardian
French prime minister makes concession to pension protest -- DW
French Government 'Willing' to Step Back From Most Contested Pension Reform Proposal Amid Protests -- Sputnik
5 comments:
Strikes work. Lately, American workers, specifically the UAW and teachers, remembered this to their benefit.
Yeah, UAW strikes work. The UAW gutted Ohio. It is one reason we have the opioid crisis.
Benefits have to match actuarial reality.
"Benefits have to match actuarial reality...." Yes, Adam Smith wrote about that in The Wealth of Nations.
Did you get your pension?
Where are all those UAW jobs in the Rust Belt?
Far, far fewer than there were before.
And then there is this.
Feds charge 12th person in ongoing corruption probe into United Auto Workers union
https://www.cnbc.com/2019/10/31/prosecutors-say-uaw-leaders-embezzled-more-than-1point5-million-in-union-funds.html
PS You do not know what Adam Smith wrote. You have not read Wealth of Nations.
No job loss Trump said he would make sure of that..that and his health plan MAGA
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