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France

Pension reform: what impact according to your year of birth? – France

  • 1 What is the scenario proposed by Elisabeth Borne?

  • In an interview with the “Parisien”, posted online this Thursday evening, Elisabeth Borne provided several details on the pension reform. The Prime Minister wants it to apply “from the summer of 2023”, starting with employees born “in the second quarter of 1961”.

    Knowing that the Executive is aiming for a “progressive postponement” of the starting age to 64 in 2027, then to 65 by 2031, here is the calendar that could see the light of day:

    In 2023, retirees born in 1961 should leave at 62 years and four months.

    In 2024, the 1962 generation should wait 62 years and eight months.

    In 2025, the 1963 generation should wait 63 years.

    In 2026, the 1964 generation should wait 63 years and four months.

    In 2027, the 1965 generation should wait 63 years and eight months.

    In 2028, the 1966 generation should wait 64 years.

    In 2029, the 1967 generation is expected to wait 64 years and four months.

    In 2030, the 1968 generation should wait 64 years and eight months.

    In 2031, the 1969 generation should wait 65 years.

    Regarding the Civil Service, only new entrants will be affected by the reform (and therefore aligned with the private sector). Another important clarification, Elisabeth Borne undertakes to maintain “the age of cancellation of the discount” at 67, as today.

  • 2 What are the negotiation margins?

  • This scenario is not set in stone. “We can discuss another path”, assures the Prime Minister, while excluding “to lower the amount of pensions or to increase the cost of work by additional contributions”. Several scenarios, some of which mitigate the postponement of the legal age by combining it with an increase in the contribution period, have been put on the table by the government.

  • 3 And for long careers?

  • Elisabeth Borne ensures that the “principle” of early departure for those who started working early will be “maintained”. Without however committing to the possibility of leaving at 60 in this case. If the legal retirement age is set at 65 years, it is rather to expect a range ranging from 61 to 63 years for employees with long careers.

  • 4 What are the next steps?

  • The next meetings with the unions are grouped on December 7, 8 and 9. Once past these appointments, the Prime Minister plans to reveal her arbitrations during the second week of December. Just before the Christmas holidays, a period not conducive to the mobilization of employees. It will then remain to find the majority in the National Assembly to pass the reform, the LR group expecting to be particularly courted. Through the voice of its leader in the Assembly, Mathilde Panot, LFI promised, for its part, to put the executive in check, whether “in the hemicycle or in the street”.



    letelegramme Fr Trans

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