November 21, 2007

BBC NEWS | Europe | French trains 'hit by sabotage'

Sarkozy is right to see his reforms through to the end, even in the face of sabotage, which is typical of strikes against 'big' companies and especially utilities. Socialism is a system that should be avoided wherever possible. France's present leadership sees a way to France's better future, but it will not come easily after so many decades of a paternalistic socialist regime that creates lower and middle class 'wards of the state.'

Below is the 'Special' pensions system that Sarkozy vows to change, and none too soon.

'SPECIAL' PENSIONS SYSTEM

Benefits 1.6m workers, including 1.1m retirees

Applies in 16 sectors, of which rail and utilities employees make up 360,000 people

Account for 6% of total state pension payments

Shortfall costs state 5bn euros (£3.5bn; $6.9bn) a year

Some workers can retire on full pensions aged 50

Awarded to Paris Opera House workers in 1698 by Louis XIV

BBC NEWS | Europe | French trains 'hit by sabotage'

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