November 2007 strikes in France retire with full pension benefits after 37.5 years rather than 40 years. The Sarkozy administration claims the current pension system allows some public sector workers to retire as early as age 50. The government calculated the cost of these early-retirement benefits at $7 billion a year. President Nicolas Sarkozy felt that his victory in the 2007 presidential election gave him a mandate to carry out labour reforms, stating "I said before I was elected what I would do," and "we will do these reforms because they have to be done." He declared the strikes a test of political will. "I
President of the International Olympic Committee years, and was succeeded by Lord Killanin. Michael Morris, 3rd Baron Killanin, was elected as Honorary President of the Olympic Council of Ireland (OCI) in 1950, and became the Irish delegate at the IOC in 1952. He eventually became senior vice-president of the IOC in 1968, and succeeded Avery Brundage to the presidency on 23 August 1972, being elected at the 73rd IOC Session in Munich, just prior to the 1972 Summer Olympics. The Olympic Movement experienced a difficult period during his presidency, having to deal with the aftermath of the tragedy at the 1972 Munich Games and the financial