New measures needed because of the rise in life expectancy and the important level of early retirement. In 2005, the social partners and the government agreed to bring retirement age up to 63 and to bring effective retirement age to 62.4 by 2025 because of early retirement. Six years later, the reform’s evaluation is only partly satisfactory. It allowed increasing the number of active seniors. Indeed, when comparing with ten years ago, the rate of working 55-64 year-olds went up by 14 percent. Still, average retirement age today is still far from the target. In 2011, it was around 60.5, 0.1 percent up from 2010 but way below displayed expectations.
tive retirement age to 62.4 by 2025 because of early retirement. Six years later, the reform’s evaluation is only partly satisfactory. It allowed increasing the number of active seniors. Indeed, when comparing with ten years ago, the rate of working 55-64 year-olds went up by 14 percent. Still, average retirement age today is still far from the target. In 2011, it was around 60.5, 0.1 percent up from 2010 but way below displayed expectations.
Even though a binding government agreement...
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