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Constitutional Court Approves Majority Of Retirement Law

FRANCE
  • FRENCH CONSTITUTIONAL COUNCIL APPROVES BULK OF PENSION LAW: AFP
  • The nine-member body made up chiefly of former politicians and senior civil servants approved the core elements of the law, including the key contested provision to raise the minimum retirement age by two years to 64.
  • It had been unlikely the council would declare the entire law unconstitutional — something that’s happened only twice since its creation in 1958.
  • But some analysts forecast that it could rule that portions of the law shouldn’t have been folded into the supplementary social-security budget bill that the government used as a vehicle to enact the pension reform.
  • Without an outright rejection, some level of conflict over pensions will likely continue at least until Macron enacts the changes later this year.
  • Additional headlines:
    • FRANCE'S CONSTITUTIONAL COUNCIL REJECTS PENSION REFERENDUM: AFP
    • FRENCH CONSITUTIONAL COURT TO DECIDE ON 2ND REFERENDUM ON MAY 3
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