The French government wants to raise the retirement age from 62 to 64, and streamline the different pension plans for various professions.
PARIS: Concerns are being raised in France over a proposed change to the country’s pension system, which could disadvantage women.to raise the retirement age from 62 to 64, and to streamline the different pension plans open to various professions.According to a 2019 study from the French National Institute for Statistics, women earn about 22 per cent less than men. Data from 2020 also showed that women’s pensions are worth less than men’s.
The government has admitted that"women would be slightly penalised by the increase in the retirement age”.Some women take maternity leave and work part-time to help with childcare, which takes them longer to complete the 43 years of work needed to qualify for a full pension, compared to men who take less time out of work.The French government is determined to press ahead with its restructuring of the country’s pension system.
Some say the problem of extending the retirement age is not simply having to work for another two years, but to find a workplace which would hire older workers.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia PM Anwar addresses investors’ concerns over proposed capital gains taxKUALA LUMPUR: In addressing investors’ concerns, Malaysian Prime Minister Anwar Ibrahim said that the proposed capital gains tax on unlisted shares announced during the recent tabling of the bud
Read more »
Macron backs enshrining right to abortion in French constitutionPARIS: French President Emmanuel Macron said on Wednesday he backed including the right to abortion in the constitution, a move he said would send a signal of solidarity to women around the world. Macron made the announcement on International Women's Day at a ceremony to honour Tunisian-born French feminis
Read more »
Obscene gesture earns French minister PM's scoldingJustice Minister Eric Dupond-Moretti repeatedly used an offensive arm gesture in parliament against an opposition lawmaker. Read more at straitstimes.com.
Read more »
Axa Investment registers as crypto service provider in FranceFrench market regulator AMF said Axa Investment Managers had registered as a crypto service provider in the country, joining a list of several financial firms getting regulatory approvals to avoid service disruption in France. Apart from the French investment firm, Binance, Bitstamp, and Societe Generale
Read more »
Workplace discrimination disputes must still go through mediation before litigation under proposed law, says MOM after Aware calls for flexibilitySINGAPORE — Singapore's approach to maintaining workplace harmony emphasises resolving disputes through mediation rather than litigation, which has worked well and must continue with the new set of laws being proposed against workplace discrimination, the Ministry of Manpower (MOM) said on Wednesday (March 8).
Read more »
Proposed workplace anti-discrimination laws: MOM rejects Aware's call for some cases to be exempted from mediationSINGAPORE — Singapore's approach to maintaining workplace harmony emphasises resolving disputes through mediation rather than litigation, which has worked well and must continue with the new set of laws being proposed against workplace discrimination, the Ministry of Manpower (MOM) said on Wednesday (March 8).
Read more »