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france_building
(07/13/10) -

French Brand Sarkozy’s Pension Reform as Unfair

(Angus Reid Global Monitor) – Most people in France say a government proposal to reform the national pension system is unfair, according to a poll by CSA published in Le Parisien. 52 per cent of respondents share this opinion, while 38 per cent call it a fair reform.

(Angus Reid Global Monitor) – Most people in France say a government proposal to reform the national pension system is unfair, according to a poll by CSA published in Le Parisien. 52 per cent of respondents share this opinion, while 38 per cent call it a fair reform.

In May 2007, Nicolas Sarkozy, candidate for the centre-right Union for a Popular Movement (UMP) and former interior minister, won the presidential run-off with 53.06 per cent of the vote. Sarkozy appointed François Fillon—who had been his adviser and presidential campaign leader—as prime minister.

On Jun. 16, the French government revealed its proposal to overhaul the national pension system, which includes raising the retirement age from 60 to 62 by 2018 and imposing new levies on capital gains and stock options. The government claims that the system will attain a deficit of $134 billion U.S. by 2050 unless changes are made.

On Jun. 24, hundreds of thousands of workers protested against the proposed changes in various cities. The next day, Fillon said the government is open to discussing the implementation of some reforms but defended the plan’s key elements—such as the raise in the retirement age—saying, "The government will not compromise over the principal aspects of the pension reform."

Polling Data

At a personal level, do you think the proposed pension reform is fair or unfair?

Fair

38%

Unfair

52%

Not sure

10%

Source: CSA / Le Parisien
Methodology: Telephone interviews with 940 French adults, conducted on Jun. 16, 2010. No margin of error was provided.