French pension system must return to balance by 2030, PM says


  • World
  • Thursday, 27 Feb 2025

French Prime Minister Francois Bayrou speaks after receiving the pensions' report results from France's First President of the French Court of Auditors (Cour des Comptes), at the Hotel Matigon in Paris, France February 20, 2025. STEPHANE DE SAKUTIN/Pool via REUTERS

PARIS (Reuters) - Pension negotiations between French unions and employers must chart a path for steering the retirement system's finances back to balance by the end of the decade, Prime Minister Francois Bayrou said on Thursday.

Unions and employers federations began talks on Thursday to modify a deeply unpopular 2023 pension overhaul that gradually raises the retirement age two years to 64.

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