Page 5 - 2023 INHA SQUARE

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WORLD ISSUE

French Pension System

Reform Controversy

Reporter: Lee, Junyong

and have pride in themselves about the pension system.
However, on the other hand, French people perceive that this
pension system is putting pressure on the French economy
so badly and long before this pension system will collapse.
So, the route solutions to this pension problem have been
suggested: Prolonging the age of retirement, Increasing of
Social Security levy, and Reduction of pension
French citizens rejected the pension reduction; this time,
the French president excluded the Increase in Social security
levy. So, French citizens are holding demonstrations about
this pension reform and considering the damage when a
pension system goes into effect.
If the French government sees the future of France, French
pension system reform is a must. Despite severe objections
by French citizens and so on, the French government must
take their pension reform for the happiness of France.
Likewise, Our country is facing pension system problems too.
According to many news, Our country's pension finances are
still depleting because of the lack of workers and the increase
of elderly citizens. By watching the information about Korea's
April 15th, 2023, French pension system reform was pension problems, we need pension system reform like France
legislated by French President Mark Long's singing so that the workers paying pension expenses can receive
statement. The main contents of this reform are "Putting back in the future. If we reorganize our country's pension
off the age of retirement" and "Prolong the period of paying system with proper institutions and laws, we can also make
social security levy." However, French citizens did not accept our government more stable and citizens happier.
this reform and even held demonstrations. Let's figure out
both the position of the French government and the French
citizens.
First, Let's figure out the position of the French
government. In France, similar to Korea, it is becoming
increasingly difficult to guarantee retirees' pensions at the
level of social security levy by workers. Retired workers
continued to live longer, but the number of young workers is
decreasing than the government expected. So, the pension
problem is the biggest obstacle to the future of the French
economy. So, By increasing the age of retirement (age 62->
64) and prolonging the period of paying social security levy (42
years -> 43 years), the French government wants to ease the
financial burden in these ways. So, the French government
suggested this reform strongly by taking the risk of protest
from French citizens.
Second, Let's figure out the position of French citizens.
French citizens are familiar with the French pension system

English Newspaper of Inha University High School