cuz yall are cucked
Because of all the advances over the past generation from email to AI have all combined to make the economy at least twice as productive as it was 30 years ago but we aren’t seeing any benefit.
The years of leisure workers get at the end of their career should be increasing, not decreasing. Where are all the productivity gains going?
“Oh, but people are living longer” OK, but we’re also generating twice as much wealth over our careers than the generation before us, and instead of more retirement years or shorter working weeks all we see is billionaire pricks buying up media conglomerates.
So that they don’t have to work until 67.
I mean if it were for the government they would put old people in an island and nuke it from time to time.
Enjoying the fruits of your labor? How dare you.
It’s also true that population is living longer and younger generations are not having kids. I mean there’s a little trick most don’t know is that those contributions in the form of taxes that you made all your life towards retirement, most of it gets spent immediately by the government. So if younger generations don’t have kids to keep the ponzi running the whole thing falls apart, and one of the symptoms is this, the need to raise retirement age.
better question is why isnt the rest of the world joining the french?
It’s good to know that in France, there is a required number of “working years” next to the retirement age. So for many people 64 is already not an option as they went to university for example. I often hear people argue that the French shouldn’t complain because in country X it’s age Y, but for a lot of French it’s already Y or >Y (I don’t know the exact details though as I’m not French, but have family there. So feel free to add or correct me)
IIRC (haven’t looked into the details recently) in France you can have full pension from 64yo IF you’ve worked every year from 18yo. You can retire earlier, but your pension will be cut down for each month not “cotisé” up to 64.
I think years of high school don’t typically count, but there are ways to “convert” or “buy” those years back for the calculation of your pension. Parental leave also can be converted.
So yes, the less you work, the longer it takes to unlock 100% of your pension funds.
EDIT: I just checked. To be eligible for full pension at 64 in France (full pension is 50% of the average of the best 25 years salaries) you need to have “cotisé” for 498 or 516 months (depending on your year of birth). Missing months can be bought back, or you can take a lower pension.
Assumimg four weeks in a month, that’s 2,064 weeks/43 years. In Mexico, you “only” need 1,250 weeks, or 25 years or work (although the pension is locked until you’re 65 years old.
That’s an insane number.
Thanks for doing the math. With that, it means a french worker must work every single month without any gap from 21yo to 64yo to be eligible for full pension. Literally live to work.
Fun fact: french policitians (and some other specific work fields) “cotisent” months faster. Our deputies can get the full pension unlocked after only 5 years of work (while it takes us plebs >40 years).
Liberté, Égalité*, Fraternité, brothers…
*Different terms may apply
