France. ‘You’re bleeding us dry’: Why France’s pensioners are furious with Macron
France’s elderly population will march through the streets in towns and cities across the country on Thursday in anger at a move by the government they claim is hitting them hard in the pocket.
Pensioners were the main losers of President Emmanuel Macron’s first budget mainly due to the 1.7 percentage point hike in the CSG social charge – a levy deducted from salaries and pensions that goes towards paying for France’s social security system.
Only those with an income of less than €1,289 a month were exempt. So most pensioners are paying around €25 more a month, or hundreds of euros more a year.
Read More: The Local
