French cabinet approved pension reform draft bill
PARIS, July 13 (Xinhua should be strong) French cabinet meeting on the 13th adopted the draft bill to reform the retirement system, the statutory retirement age will gradually be extended from 60 to 62 years of age.
According to communique issued by the French cabinet meeting, the retirement system reform aimed at making France's pension system more balanced and more sustainable.
communique said that the retirement system reform will be gradual and in accordance with the principles of justice, to extend the statutory retirement age of 4 months each year, from the current 60 years to 2018 extended to 62 years. At the same time period to pay pensions in 2013 will be increased to 41 years, the public sector the proportion of pension payments will be paid within 10 years from 7.85% to 10.55%, and the private sector Lacy.
In addition, the government has proposed for high-income, capital income and corporate income levy new taxes to ensure that the social insurance increased by 40 billion euros of revenue to make up funding gaps. Retirement system reform plan will also for the young, the elderly over 55-year-old women, the unemployed and disadvantaged groups to help to alleviate the burden on these people.
retirement system reform bill submitted to parliament in September will be considered. 12, French President Nicolas Sarkozy said the French Channel Two television interview, the retirement system reform is imperative, he hopes to complete by the end of October this year related to the reform program.
