France's right-wing Republican Party has confirmed it will back the long-delayed pension reform announced by President Emmanuel Macron, meaning that after months of uncertainty, it could be voted through with a parliamentary majority, Euroctiv reports.
The pension reform bill, which is among Macron's main pre-election promises, will be presented to parliament tomorrow.
The reform aims to bring pension costs in line, which are expected to reach a deficit over the next 25 years.
The government argues that raising the minimum retirement age is a way to ensure that the entire system does not run out of money.
"The budgetary, demographic and economic situation requires this reform," Republican Speaker Eric Ciotti told Journal de Dimanche.
"That's why I hope to be able to vote for fair reform that will save our pension system," he said.
Ciotti emphasized that the "government right" has always defended the idea of reform that leads to more work, referring to the reform aimed at increasing the retirement age from 62 to 64 years.
However, said Ciotti, that party will support the reform proposal, only if its demands are accepted.
This includes access to a minimum pension of 1,200 euros for new pensioners and "retroactively for current pensioners who use the more modest pensions," he added.
As he said, the reform should be "extended in two five-year periods", with the retirement age increasing to 63 in 2027 and 64 in 2032.
Pension reform has been a point of contention in France in recent months, with unions warning last week of a "major social conflict" if it is passed.
In early December, a group of unions said they were "ready to mobilize" around the reform, which they said comes "at a time when the social, environmental and economic context is particularly difficult for an increasingly large part of population".
Tomorrow, French Prime Minister Elizabeth Bourne will present details of plans to most likely raise the retirement age for the French to 64 or 65 from 62.
Pension reform in France, where the right to a full pension is earned at age 62, has always been a sensitive issue, especially now with growing discontent over the rising cost of living.
The government states that the reform is necessary to ensure the financing of pensions in the following years.
"The goal is to achieve a balance without increasing taxes and without reducing pensions. Different options are on the table, but they all involve raising the retirement age," French government spokesman Olivier Veran told reporters.