France: the pension reform will not take place

Or, if it does, it will not be in the form and according to the timeframe favoured by the French government. Officially, the goal is to create a universal pension system that will eventually replace the many existing regimes. There would be a gain in transparency (improved management) and equity (disappearance of so-called “special regimes”). There would inevitably be losers. A year after the irruption of the “Yellow Vests” movement, it is hard to imagine Emmanuel Macron taking t...