French Retirement Reform Extends Average Departure Age

New data reveals that recent reforms will delay the average retirement age by six months, despite an increase in the legal retirement age.

The average retirement age in France increased by two years and two months since 2010, now standing at 62 years and 8 months as of the end of 2022.
The 2023 retirement reform is expected to delay the average retirement age by an additional six months, despite raising the legal retirement age to 64.
Gender disparities persist, with women's pensions averaging 38% less than men's, although this gap narrows to 26% when including survivor's benefits.
Retirees in France enjoy a slightly higher standard of living than the general population, with a median income 2.1% above the national median.
Despite annual pension adjustments, retirees have experienced a 5.5% decrease in purchasing power from 2012 to 2022 when adjusted for inflation.