(Newser) – As US voters and legislators are snipping workers' benefits, a nation on the other side of the pond is taking a different approach. France's new socialist president, François Hollande, is lowering the minimum retirement age by two years, reports the Telegraph. Those who begin work at the age of 18 and pay enough into the pension system can now retire with benefits at the age of 60. The move fulfills a campaign promise, and reverses the work of Nicolas Sarkozy, who raised the minimum retirement age from 60 to 62, sparking a storm of national protests.
We here have to wait until we're 67 (minus a few months for if born pre-1960). We can choose to get benefits as early as 62, but at a reduced rate.
60 seems crazy young; you can certainly work longer, even if you are French.
62 seems rather too young; I know your hip hurts, but we'll give you a desk job.
67 is getting there, but probably also too young; we got you a new hip so please see to your inbox.
But there is some age that makes the numbers come out right: as much coming in as going out. What is that number at the current input level?