Cover image: The Prime Minister, Elisabeth Borne, presents the Government’s project for the future of the pension system in Paris, Tuesday January 10, 2023. JEAN CLAUDE COUTAUSSE FOR “THE WORLD”
The legal retirement age is gradually being pushed back to reach 64 in 2030. According to the bill presented Tuesday by the Prime Minister, Elisabeth Borne, the legal age will reach 64 years in 2030, against 62 years today. It will be gradually increased at the rate of three months per year from 1er September, and will therefore be set at 63 years and 3 months in 2027 at the end of the quinquennium, then will reach the target of 64 years in 2030.
For a full-rate pension, it will be necessary to have contributed forty-three years from 2027 instead of 2035. The reform plans to bring this requirement forward to 2027, instead of 2035. Those who started working before the age of 16 will be able to retire at age 58 and people with disabilities, incapacity or incapacity can still leave at 62. years at full rate.
Current pensions revalued to 1,200 euros for “ nearly 2 million small pensions”. “Employees and the self-employed, in particular craftsmen and traders, who have contributed all their life with income around the SMIC, will now leave with a pension of 85% of the net SMIC, i.e. an increase of €100 per month”, detailed Ms. Borne. According to her, “nearly 2 million small pensions will be increased”, arguing that it is a measure resulting from consultation with the parties and the unions.
“Most of the existing special pension schemes” will be “closed”, she added. “This measure will only apply to new recruits who will henceforth be affiliated to the general pension scheme. » According to the Ministry of the Economy, this reform “will bring in 17.7 billion euros in 2030 to pension funds”.
Almost unanimously negative political reactions. Barely had the Prime Minister finished presenting the text, which will be incorporated into an amending social security financing bill, when several political leaders criticized both the substance and the form of the reform. A “serious social regression”for Jean-Luc Mélenchon, a “brutal project” for the first secretary of the PCF, Fabien Roussel, who calls for mobilization, just like Marine Le Pen, who promises to ” to block ” to a reform “unjust”. Only the Les Républicains party said to itself “satisfied to have been heard” on “a certain number of requests”, by the voice of Olivier Marleix, leader of the right-wing deputies.
- After her press conference, Elisabeth Borne will be the guest of the “20 hours” of France 2then she will answer questions from the public on the Franceinfo channel.
Read all our content on pension reform.
Decoders. Questions to understand the contours and challenges of the reform
To analyse. Postponement of the legal age, the only option to “save” the pay-as-you-go system?
Decryptions. The unions, united, “prepare for mobilization”
Editorial. Pension reform: a necessary flexibility
Narrative. The government’s failed battle with public opinion