Compared with the decree of December 6 (see our dispatch No. 110750), the Parliament committees have added several amendments. The “exceptional adjustments” for the standards affecting labor notably aim to lessen the reform’s impact on employees who were about to retire with the previous system and on small pensions. Thus, employees born in 1952 (who would have suffered the most because they would have had to work 5 more years after the reform) who have paid contributions for 35 years in 2012 may retire at 64 instead of 66 and private sector female workers aged 60 and who paid contributions for 20 years in 2012 may retire at 64. other elements include:
uld have had to work 5 more years after the reform) who have paid contributions for 35 years in 2012 may retire at 64 instead of 66 and private sector female workers aged 60 and who paid contributions for 20 years in 2012 may retire at 64. other elements include:
- Freezing, in 2012 and 2013, the pension increase indexed on the cost of living for amounts three times (instead of two in the initial text) higher than minimum pension, i.e. higher than €1,400;
- Bringing retirement age, in 2012,...
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