Quote from: mvdheuvel1983 on April 22, 2023, 04:21:33 PM

Quote

France's Constitutional Council on Friday approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that have damaged his leadership.
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/

This so-called measure has several benefits and drawbacks. The elder employees can benefit from their years of experience if they are retained on the job for longer, which is one advantage. The drawback of this is that many workplaces will report low performance because there is an inverse relationship between a person's success at work and their deterioration in cognitive and physical capacities.

Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.

What sense does this make? Would you agree or disagree?

The pension laws in France (and most countries) were established decades ago and the ages have not necessarily risen with the much longer life expectancy that people have now. It costs the state a lot of money to give out such pay and while the people have paid into it, the balance has swayed too far out of whack so it needs to raise. You can see a slight slowdown in cognitive abilities but let's not forget that the current and last president of America around 80 years old, so people can certainly stay in shape long past the 60 year range.