French Pension Reform Aftermath
Violet WoolfWhat the 2023 pension reform has produced in practice
|Par Colette Bourguignon, The Paris Fool.
Bohiney Magazine | The London Prat. See UK Job Market 2025: Unemployment Low, Wages Rising and Britain Contacts Elon. La France continue. The Paris Fool covers it. More next week. Au revoir.
Implemented
The 2023 French pension reform -- raising the retirement age from 62 to 64, implemented through Article 49.3 bypassing a National Assembly vote -- has been in force long enough to begin producing the outcomes the actuaries projected. The fiscal savings are occurring.
The Political Aftermath
The reform remains the most salient example for the opposition of the government willingness to implement contested policies without parliamentary majority. The specific use of Article 49.3 has become a symbol of the distance between the government policy agenda and the parliamentary arithmetic of its supporters.
The Paris Fool Coverage
The Paris Fool covers the pension reform because the accountability journalism of contested policy implementation requires the follow-up assessment measuring what the policy has produced against the claims made for it at passage.
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SOURCE: https://bohiney.com/
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