Sarkozy reveals pension reform plans

Sarkozy reveals pension reform plans
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The French President has unveiled his long-awaited plans to reform the country’s pension and employment laws.

In a speech to social affairs correspondents Nicolas Sarkozy said his aim is to stop abuse of the system which he claims France can no longer afford.

“I want to do remove employer’s right to force some people to take early retirement before they’re 65. We cannot say to some that they must work longer while at the same time put others out to pasture if they’re a certain age. However, I want to increase taxes for those who wish to take early retirement because the system is clearly being abused,” he said.

Sarkozy went on to say that he wants to simplify rules governing France’s 35-hour working week.

“We must allow different industries and sectors to decide collectively how much they want to work.”

Sarkozy, who has been working furiously to push through reforms since his election in June, says he wants the changes agreed by the end of the year.

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