While unions turn the screws, French PM calls pension reform unavoidable

PARIS--French Prime Minister Edouard Philippe said on Friday nationwide strikes in the public sector would not weaken his resolve to reform the pension system but promised workers would be spared a brutal transition to the new regime.


  Philippe said he was not seeking confrontation with trade unions, which on Friday called for mass protests and strikes over plans to streamline one of the developed world's most generous pension systems to continue next week. The government wants to replace a byzantine system comprised of more than 40 separate pension plans, each with varying benefits, with a single, points-based system under which for each euro contributed, every pensioner has equal rights.
  "Citizens know that the hugely diverse nature of the current 42 pension plans cannot continue," Philippe said in a televised statement. "They also know we're going to have to work longer."
  On Friday, commuters faced severe disruption getting to and from work for a second day and the state-run SNCF railways said train services would remain impacted through the weekend and on Monday. Schools and hospitals were also left understaffed.
  A day earlier, tear gas and smoke hung over parts of Paris and Nantes as protests turned violent. The strike pits trade unions determined to safeguard worker protections against President Emmanuel Macron, a 41-year-old former investment banker who took office in 2017 on a promise of opening up France's highly regulated economy.
  The outcome will hinge on who blinks first - the unions who risk losing public support if the disruption goes on for too long, or the president whose two-and-a-half years in office have been rocked by waves of social unrest.

The Daily Herald

Copyright © 2020 All copyrights on articles and/or content of The Caribbean Herald N.V. dba The Daily Herald are reserved.


Without permission of The Daily Herald no copyrighted content may be used by anyone.

Comodo SSL
mastercard.png
visa.png

Hosted by

SiteGround
© 2025 The Daily Herald. All Rights Reserved.