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UK Telegraph | Insanity: New French President Cuts Retirement Age to 60

Written on:June 9, 2012
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UK Telegraph | Insanity: New French President Cuts Retirement Age to 60


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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