Pension Age In France

[flip_flop]

As Frank Holland has reduced the pension age in France from 62 to 60, is the pension system in France in much ruder health than ours, or is this merely a political move and is unsustainable?

[emmie]

the last part i think, it is a good move on Hollandes part, new President, likely an election promise, but it is unlikely to be sustainable. Where other countries workforces are being asked to work longer, they are reducing the pension age. No one will see that as fair.

[smilingcrow]

In 15 years there will be a total influx of 6m immigrants in the uk. That is the same population as Birmingham, manchester, Liverpool and Leeds. We need to raise our retirement age in order to support the families of these immigrants and obviously those that are unemployed. France doesnt have this problem as much so sure they can.

[emmie]

France doesn't have this problem, they have a much bigger problem with immigration than the UK. So not sure how that would work.

[smilingcrow]

Oh I must have read something wrong then.

[Celticv11]

As any national of an eec member state is entitled to claim state benefits in any member state,can i go to france and retire when i am 60?

[emmie]

a snippet on the whole piece, but this is not a small amount, and like here on the increase

In 2008, the French national institute of statistics INSEE estimated that 11.8 million foreign-born immigrants and their direct descendants (second generation) lived in France representing 19% of the country's population. About 5.5 million are of European origin and 4 million of Maghrebi origin.[5][6] Among the 802,000 newborns in metropolitan France in 2010, 27.3% had at least one foreign-born parent and about one quarter (23.9%) had at least one parent born outside of EU27.

[coccinelle]

Pure political move. Do be able to retire at 60 and entitled to state pension you still need to have worked, so paid into a pension scheme, for 41 years.

[emmie]

Retirement income - Pensions
i have had a trawl through but cannot find anything specific to the post


Pensions are very much in the news at the moment, both in Britain and in France, and are the subject of much controversy. Retirement ages notwithstanding, once you are receiving your UK pension you need to decide on the best way to utilize it to support your new life in France. The following article gives more of an insight into sorting out your pension in France - Getting your UK pension paid in France.

[FredPuli43]

France already has pensions much different from ours. It has vast numbers of people who work for the state or for companies which were once state owned. These people all retire after a set number of years of continuous service, which may be only 20 years or so, and then get a full pension. You find , for example,railway workers on full pension in their 40s. They're aren't very many workers, primarily in the private sector, who have to wait to 60 or 62. It follows that playing about with the age of retrirement does not have the impact that it would have here and the President can make accommodating noises which sound good but don't make much difference.

[jake-the-peg]

http://en.wikipedia.o...rn_population_in_2005

Country by percent of immigrants

France 50
UK 54

[rojash]

"France 50
UK 54"

eh?

[emmie]

percentage of immigrants, but i am not sure, how it's been worked out.

[modeller]

This is the same union driven stunt they pulled a few years back when they reduced the working week to 35 hours . They did it to solve their huge unemployment problem. It worked up to a point but they then had to allow in more immigrants to make up for the loss in output . It also increased the cost of French goods. We did the same in the NHS when hospital doctors hours were reduced by up to a third , we had to allow in several thousand more immigrant doctors. In all cases it increases the burden on the tax payer and the national debt and devalues the currency.

[emmie]

modeller, these things always have a down side eh?

[Zeuhl]

according to wiki

immigrants as percentage of population:

UK 8.982%
France 10.18%

[Bambiagain]

Coccinelle - unfortunately not. You will get paid your pension by the system you paid it into, not the one belonging to the new country. So if you have paid into a UK pension scheme all your working life, you will get your pension when you would have got it had you stayed. Only if you work in France and pay into their scheme will you get a French pension.

[Bambiagain]

Oops, apologies to Coccinelle. THat was meant to be addressed to Celticv11.