France: the senior index and the end-of-career contract ratified with the pension reform

Draft legislation rectifying the 2023 social security financing has been definitively adopted. This text sets the legal retirement age at 64, while still maintaining the possibility of early retirement so as to accommodate career heterogeneity and occupational wear and tear. The text also provides for annual reporting of older worker employment indicators and the creation of a specific employment contract for the over 60s.
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On 20 March, French parliamentarians fell short of the minimum number of votes needed to pass two no-confidence motions proposed on 17 March by parliamentary opposition groups; one from the extreme right Rassemblement group and a second from the centre-right and left Transpartisane group. The no-confidence motions were tabled in response to Prime Minister Elisabeth Borne’s recourse to Article 49.3, which provides an avenue for legislation to pass without need of parliamentary vote. As such this text will be definitively adopted if it is validated by the Constitutional Council.

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