France pension reform becomes law

A French pension reform that raises the retirement age has been signed into law by president Nicolas Sarkozy after months of …

A French pension reform that raises the retirement age has been signed into law by president Nicolas Sarkozy after months of protests, officials said today.

The law that will gradually raise by two years the minimum retirement age and the fully pensionable retirement age, to 62 and 67 respectively, was published in the November 10 edition of France's Official Journal, where all laws are first published.

The law was adopted by parliament at the end of October and cleared a final hurdle yesterday when France's Constitutional Council approved it.

Fierce opposition by trade unions and the French public, who staged the most sustained wave of protests that Europe has seen over austerity measures in recent times, turned the pension reform into the biggest battle of Mr Sarkozy's presidency.

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Reuters