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Criticizing France's Pension Reform: Potential Negative Impact on Older Workers

Published July 30, 2026 at 4:31 PM UTC

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While France's recent pension reform, which raised the legal retirement age, aims to ensure the financial sustainability of the pension system, it may inadvertently discourage older workers from remaining in the workforce. The introduction of "experience enhancement contracts" and the requirement for large companies to negotiate on senior employment are steps in the right direction.

However, some economists argue that these measures may not be sufficient to address the challenges faced by older workers in the labor market.