Sarkozy’s Plan to Increase Retirement Age Can’t Be Altered, Woerth Says
Sarkozy’s Plan to Increase Retirement Age Can’t Be Altered, Woerth Says
French President Nicolas Sarkozy won’t accept changes to his plan to raise the retirement age or balance the pension system’s accounts by 2018, Labor Minister Eric Woerth said as parliament starts debate on the measure.
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Adjust retirement age
Social Security remains an unbreakable contract with American workers that has stood for 75 years. Nonetheless, if it is to survive for another 75 years or more, Congress needs to adjust the retirement age to reflect longer, more productive life spans.
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