France: government to increase statutory retirement age to 62 faster as part of austerity program

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rench government presented the second at of its austerity program. Premier Francois Fillon announced the measures of his “Program for Balanced Public Finance,” which include implementing the recent pension reform sooner and bringing retirement age to 62 in 2017 instead of 2018. (Ref. 110678)

The government is planning to reduce the
transition period bringing statutory retirement age up to 62. While, by virtue of the reform adopted in
October 2010 (see
our dispatch No. 100768
) and
enforced

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