I don't think this is a surprise - the French system is overly generous compared to other similarly wealthy EU nations, and the money simply isn't there. Absolutely this is shit if you're knocking-on to retirement ....
While he's there he probably needs to address similarly generous unemployment benefits, amongst others, because that seems similarly unaffordable. But the pensions thing is potentially crippling and, a bit like the UK, this is probably only step one of further changes.
It's worth noting that the French retirement age is currently 62. That's 4 years less than the uk. Even the proposed retirement age is 'only' 64. And the French on average live 2 years longer than us Brits, so it's clear to impartial observers that something needs to change in the French system. And just to twist the knife, the French state pension is roughly 50% higher than that in the UK.
Sorry to be pedantic, but there is no age limit for retirement. Only an age when you can claim state pension.
Most folk have other plans as well as the state funding.
I retired at 54.
Some people haven't organised anything cos they didn't think they'd get old enough to worry about retirement!!!
I've suddenly realised that, since I haven't done anything really stupid till now, and the average age the women in my family reach is about 95, maybe I should think about sorting something out!
Mind you, luckily, I like what I do and where I work, so I suspect I'll be working past retirement - unless I find the pot of gold at the end of a rainbow!!
Life is for living. Buy the shoes. Eat the cake. Ride the bikes. Just, ride the bikes!!
I don't think this is a surprise - the French system is overly generous compared to other similarly wealthy EU nations, and the money simply isn't there. Absolutely this is shit if you're knocking-on to retirement ....
While he's there he probably needs to address similarly generous unemployment benefits, amongst others, because that seems similarly unaffordable. But the pensions thing is potentially crippling and, a bit like the UK, this is probably only step one of further changes.
It's worth noting that the French retirement age is currently 62. That's 4 years less than the uk. Even the proposed retirement age is 'only' 64. And the French on average live 2 years longer than us Brits, so it's clear to impartial observers that something needs to change in the French system. And just to twist the knife, the French state pension is roughly 50% higher than that in the UK.
Sorry to be pedantic, but there is no age limit for retirement. Only an age when you can claim state pension.
Most folk have other plans as well as the state funding.
I retired at 54.
Quite right - I should have said 'state pension age' rather than 'retirement age'.
Ideas to get people back into the office: https://www.bbc.co.uk/news/business-64914894
They would need to do a bit better than that to get me to willingly make a 4 hour round trip.
I wonder what the tax position is on car charging and how long before HMRC want their cut at full public charger rates, I suspect it is being quietly ignored until it gets popular enough.
Mussels wrote: ↑Sun Mar 19, 2023 5:36 pm
Ideas to get people back into the office: https://www.bbc.co.uk/news/business-64914894
They would need to do a bit better than that to get me to willingly make a 4 hour round trip.
I wonder what the tax position is on car charging and how long before HMRC want their cut at full public charger rates, I suspect it is being quietly ignored until it gets popular enough.
The thing that interests me most is that although they seem desperate to entice people back to the office, nobody wants to talk about why?
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
Mussels wrote: ↑Sun Mar 19, 2023 5:36 pm
Ideas to get people back into the office: https://www.bbc.co.uk/news/business-64914894
They would need to do a bit better than that to get me to willingly make a 4 hour round trip.
I wonder what the tax position is on car charging and how long before HMRC want their cut at full public charger rates, I suspect it is being quietly ignored until it gets popular enough.
Mussels wrote: ↑Sun Mar 19, 2023 5:36 pm
Ideas to get people back into the office: https://www.bbc.co.uk/news/business-64914894
They would need to do a bit better than that to get me to willingly make a 4 hour round trip.
I wonder what the tax position is on car charging and how long before HMRC want their cut at full public charger rates, I suspect it is being quietly ignored until it gets popular enough.
Try a 100% pay award and I'll consider it
Count Steer wrote: ↑Sun Mar 19, 2023 5:42 pm
The thing that interests me most is that although they seem desperate to entice people back to the office, nobody wants to talk about why?
Gotta keep Starbucks, Pret, Subway open and profitable so they can pay share holders their dividends