Reported about 1 year ago
Elon Musk praised French President Macron's move to raise the retirement age, stating that the previous age of 62 was set when life spans were shorter, making it difficult for a small workforce to support an increasing number of retirees. Musk reiterated his stance, noting that the retirement age in France is too low, despite criticism from some followers. The debate centers around whether increasing the retirement age will alleviate financial strains on pension systems or disproportionately impact workers in physically demanding jobs. Unlike the U.S., where retirement age is gradually increasing based on birth year, France has faced protests over recent reforms raising the retirement age to 64, similar to other European countries like Italy and Germany.
Source: YAHOO