1. Context in France: the increase in the retirement age for
French people
A new pension reform law was enacted on April 14th 2023, which
increases the legal retirement age from 62 to 64 years old.
Starting from September 1st, 2023, this age will gradually be
raised by three months per generation for insured individuals born
on after September 1st, 1961. The retirement age will be raised to
63 years and 3 months in 2027 (for generation 65) and will
eventually reach 64 years in 2030 (for generation 68 and beyond).
This new law represents a significant change in retirement policy
and will affect individuals who are planning their retirement in
the coming years.
The reform will also provide a slight increase in the amount of
the retirement pension: this amount is expected to increase from
EUR 1100 to EUR 1200 per month. However, many special pension
schemes will be abolished, for reasons of "equity,"
according to the French Prime Minister. Early retirement will
