UK Telegraph | Insanity: New French President Cuts Retirement Age to 60
Posted on June 09 2012 – 8:30 AM – Posted by: Doug Brady
France’s new socialist government cut the country’s retirement age in the face of the eurozone’s deepening crisis, citing “social justice” to explain a move that goes against austerity efforts across the region.
Workers who entered employment aged 18 will be able to retire at 60 rather than 62, under the decree agreed at a cabinet meeting on Wednesday.
The decision follows pre-election promises from the new president Francois Hollande to reverse the rise in the retirement age introduced by his predecessor Nicolas Sarkozy in 2010.
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Article source: http://conservatives4palin.com/2012/06/uk-telegraph-insanity-new-french-president-cuts-retirement-age-to-60.html
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