French pension reforms

[TarJak]

Originally Posted by tater

The kids are probably protesting because they want the older workers to be forced out so they can get a job. Good for french business, too, since they can pay the young, inexperienced workers less.

Until they want more oh and a pension.

I believe it's higher among migrant families and their children, going near 50% in some areas.

Its been repeatedly demonstrated that a persons home address can lead to their job applications getting a swift ride to the trash can.
Since the policies followed for decades have meant that many immigrants must go to the same districts it means their attempts at applying for a job are largely futile

[Jimbuna]

Originally Posted by bookworm_020

I believe it's higher among migrant families and their children, going near 50% in some areas.

If the French think their been hard done by seeing the retirement age rise to 62, here in Australia it was raised to 67 not long ago, and there was not all that much grumbling about it! Love to see the french reaction to that!

Don't you get a bit of time off for 'good behaviour'?

[Fish]

And the winner is!

The Netherlands’ retirement income system comprises a flat-rate public pension and a quasi-mandatory earnings-related occupational pension linked to industrial agreements. Most employees belong to these occupational schemes which are industry-wide defined benefit plans with the earnings measure based on lifetime average earnings.

The following table shows the position of the Netherlands when compared to the thirteen other countries and some of the indicators that either scored relatively well or poorly.

Netherlands Score Ranking
Overall Index 78.3 1st

http://www.mercer.com/referenceconte...ontent=1359390

[Jimbuna]

Yeah but I've lived and worked in your fair country....you also pay some of the highest taxes to pay for the bugga

[Fish]

Originally Posted by jimbuna

Yeah but I've lived and worked in your fair country....you also pay some of the highest taxes to pay for the bugga

Yeah, everything has his price:

Individual taxes.

The Netherlands.0-52%
USA. 0-50%

http://en.wikipedia.org/wiki/Tax_rates_around_the_world

[August]

Seems quite simple.

The reason that the French retirement age is 62 is because they fight against raising it. The reason that other nations retirement ages keep rising is because their people don't fight against raising it.

We can argue reasons and justifications all we want but the bottom line is that government will always try to get away with whatever it can.

[bookworm_020]

As the strikes are costing France over $500m a day, they won't be able to afford to stay on strike much longer.....