Rallies are again planned for Saturday and new protests have been called for three days starting next Tuesday. The government has said it is ready to compromise on the "pivot age" of 64, which it says is needed to erase a deficit that could reach €17 billion ($19 billion) by 2025. But even the moderate CFDT union, France's largest, has demanded the pivot age be scrapped, though it still supports the creation of single points-based system. It has urged the government to hold a separate "financing conference" with unions on possible alternatives to the pivot age, including higher contributions from employers. The government's draft bill says measures for ensuring a balanced pensions budget will be discussed, but the pivot age will prevail if no agreement is reached by September 2021.

Source: The Local January 10, 2020 11:03 UTC