Retirement Age Controversy: Updates from France and Beyond

French President Emmanuel Macron raised the retirement age in France from 62 to 64 without waiting for a legislative vote, sparking widespread outrage. Some lawmakers in the U.S. have floated the idea of raising the retirement age amid rising concerns about whether the government can sustain programs such as Social Security and Medicare. A bipartisan group of senators is tasked with holding discussions of making changes to Social Security in order to increase the program’s longevity, including considering the retirement age and raising the taxable wage gap. Some Republicans have suggested that the U.S. begin talks on changing the retirement age, which currently stands at a minimum of 62 years to receive Social Security benefits.