April 2023

Pension reform in France: How can President Macron get out of the crisis?

After more than two months of nationwide protests, French President Emmanuel Macron faces backlash from voters for his inflexibility on pension reforms. Nearly all of France's trade unions have agreed to meet the country's prime minister, Elizabeth Borne, this week as they prepare for an eleventh day of strike action on Thursday. But according to political scientist Bruno Palier, author of the book 'Reforming pensions', the government needs a "change in strategy". "This meeting is very important", he told Euronews. "It...

March 2023

The economic — and political — consequences of reforming France’s pensions

Earlier this month, French President Emmanuel Macron followed through on his long-touted promise to reform the country’s pension system, raising the retirement age from 62 to 64. How he did it though — essentially forcing the legislation through without a vote in the lower house of parliament — hit a nerve. Since then, over a million people have taken to the streets across France; social media has been filled with images of uncollected garbage piling on the streets of Paris...

French unions vow further protests on 10th general strike against Macron’s pension plans

French unions vowed to continue demonstrations next week amid another day of protests Tuesday against French President Emmanuel Macron’s controversial pension reforms — the 10th general strike this year. Clashes broke out between small groups of protesters and police, especially in Paris, where some people also ransacked a supermarket. But the number of protesters also decreased almost everywhere in the country compared to last week, according to estimates by both French authorities and unions. Around 730,000 people protested in total,...

Why all policies, including pension reform, must consider climate change

“Retrait, climat, même combat,” shouted protesters during the demonstrations taking place across France this past weekend against President Emmanuel Macron’s planned, and much opposed, reform of his country’s pension regime. For these protestors, retirement and climate change are all part of the same problem, the same fight. “No retired people on a burnt planet,” they insisted. The impacts of a warming planet on the world of work are absent from the French government’s plans, yet extreme weather conditions, in particular...

Pension Administration in Nigeria: Lessons and Reflections

By Opeyemi Naimot Dawodu In every democratic society, from the jurisprudential perspective, there are certain ideals that must be present one of which is social justice. These ideals are aspirations and the nearer a society is to these aspirations, the better the society is. In a country like Nigeria, pension is one of the social objectives in partial fulfillment of the ideals present in Chapter 2 of the 1999 Constitution of Nigeria (as amended 2011) and as such how this...

France’s government survives no-confidence votes as pension reforms move ahead

Parliament adopted a divisive pension bill Monday raising the retirement age in France from 62 to 64, after lawmakers in the lower chamber rejected two no-confidence votes against the government. But the bill pushed through by President Emmanuel Macron without lawmakers' approval still faces a review by the Constitutional Council before it can be signed into law. The council has the power to reject articles within bills but usually approves them. The first no-confidence motion, proposed by a small centrist group...

The Health-Consumption Effects of Increasing Retirement Age Late in the Game

By Eve Caroli, Catherine Pollak & Muriel Roger Using the differentiated increase in retirement age across cohorts introduced by the 2010 French pension reform, we estimate the health-consumption effects of a 4-month increase in retirement age. We focus on individuals who were close to retirement age but not retired yet by the time the reform was passed. Using administrative data on individual sick-leave claims and non-hospital health-care expenses, we show that the probability of having at least one sickness absence...

Swiss parliament backs pension overhaul but critics seek referendum

Parliament has approved an overhaul of the occupational pension scheme - a key element of Switzerland's social security system. However, voters are likely to have the final say on the issue as political parties on the left, possibly backed by the main farmer's organisation, have announced they will challenge the reform via a referendum. The legal amendment approved by parliament is intended to secure the level of the occupational pension, strengthen financing and improve the protection of part-time employees, notably women. At...

Macron puts his government at risk with decision to raise the retirement age in France

French President Emmanuel Macron imposed a highly unpopular bill raising the retirement age from 62 to 64 on Thursday by shunning parliament and invoking a special constitutional power. Lawmakers were shouting, their voices shaking with emotion as Macron made the risky move, which is expected to trigger quick motions of no-confidence in his government. Riot police vans zoomed by outside the National Assembly, their sirens wailing. The proposed pension changes have prompted major strikes and protests across the country since January....

Spain’s unions back government public pension reform

Spain's left-wing government won the backing of unions to reform the nation's public pension system on Wednesday, in stark contrast with neighboring France, where plans to raise the retirement age have led to waves of strikes and mass protests. The leaders of Spain’s two main labor unions, UGT and CC.OO., appeared alongside Minister of Social Security José Luis Escrivá in Madrid to christen the plan the union heads both deemed “historic.” CC.OO. secretary general Unai Sordo said that the reform would...