French government to increase retirement age to 64

PARIS

French Prime Minister Elisabeth Borne announced Tuesday that the retirement age will be raised from 62 currently to 64 in 2030 as part of the government’s pension reform.

Explaining the content of the reform, which was among the election promises of French President Emmanuel Macron, Borne said the current retirement age, 62, will be gradually increased from Sept. 1 by three months each year and reach 64 in 2030.

In addition, people will need to have worked for at least 43 years to get a full pension, starting from 2027, she said.

The minimum pension will also be increased to 85% of the minimum wage, she said, meaning the minimum pension will be around €1,200 ($1,288) per month.

Mathilde Panot, a member of parliament for the France Unbowed party, criticized the reform on Twitter, describing it as "unfair and cruel."