France Approves Pension Reform
The New York Times reports:
PARIS — After nearly three weeks of debate and a series of national strikes, the French Senate voted Friday evening to pass President Nicolas Sarkozy’s bill to raise the minimum retirement age to 62 from 60 and the age for a full pension to 67 from 65.
The vote, 177 to 153, all but seals passage of the measure. The lower house, the National Assembly, has already passed a version of the bill. A committee from both houses will meet Monday morning to agree upon a final text that each house will vote on next week. By Wednesday, if the all goes to plan, the reform will be law, despite the unions’ vow to hold two more days of national protest on next Thursday, Oct. 28, and again on Nov. 6.
“The day will come when former opponents will thank the president and the government” for “acting responsibly,” said the Labor minister, Éric Woerth, just before the Senate voted.
The debate was accelerated under a special constitutional rule with more than 230 of 1,000 amendments still to discuss. The rule allowed the government to draft a text that adopted whatever amendments it favored and force a single vote on the bill, stopping a delaying process by the opposition that required a vote on every amendment.
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