Pension reform: will be 64 years old with increased contribution period
It will be 64 years with a faster than expected increase in the contribution period: so arbitration Emmanuel Macron a few days before the official announcement of pension reform by Elisabeth Borne, on January 10. What the Prime Minister is about to announce is definitely, save for a final surprise, a hypothesis that shouldn’t be ruled out, especially with a head of state adjusting his decision until the last minute.
In recent days, two hypotheses have been put forward: either a drop in age to 65 years, a commitment to a presidential campaign; that is, a reduction to 64, combined with the acceleration of the 2014 reforms of Marisol Touraine (Minister of Social Affairs and Health). Elisabeth Borne supports this second option. According to our information, he will be retained. That’s to be expected.
Those born in the second half of 1961 (reforms will not be passed before) will be the first to innovate new rules by the age of 62 years and three months; those who in 1962 could only receive their pension at 62 years and six months, and so on.
The novelty is above all due to the choice of age reduction level. Once again, the Prime Minister’s choice is validated. This will be three months per generation and not four months as Emmanuel Macron has advanced in his program. During the presidential election, Valérie Pécresse, the LR candidate, proposed moving up to the age of 65 at the rate of five months a year. Eric Zemmour, at 64 for three months. Historical joke: macronism falls on the same page as the Reconquest! candidate.
Generation 1968. Concretely, the natives of the second half of 1961 (reforms will not be pre-selected) will be the first to innovate new rules by an age of 62 years and three months; those who in 1962 could only receive their pension at 62 years and six months, and so on. They are from 1963 at the age of 62 years and nine months. They are from 1964 to 63 years. And so on until reaching the age of 64 in 2030 for those born in 1968: under current regulations, they can leave work at 62, that is, by 2030, law will oblige them to play overtime until 2032 , the year they had their 64th birthday.
The choice of a combination of a less harsh age limit and an accelerated extension of the contribution period is also in line with the reforms desired by the LR Senate.
The choice to push back the legal age at three months per generation is deeply political. Elisabeth Borne wanted to seduce the right to support such a rhythm. But in doing so, Emmanuel Macron found himself contradicting his recent statements. On October 26, during the broadcast event from France 2, the Head of State emphasized: “There is no working hypothesis where we can stop at the age of 63 in this five year period. » With reforms, as they are currently emerging, this bar will be nearly exceeded in 2027: the legal age will be 63 years and three months whereas it will reach 64 years with a four month progress rate.
Combination. The choice of a combination of a less harsh age limit and an accelerated extension of the contribution period is also in line with the reforms desired by the LR Senate. The Touraine statute increases this duration by a quarter every three years until it reaches 43 years in 2035 for people born in 1973. This 43 year limit remains. Elisabeth Borne confirmed it on Franceinfo on January 3rd. “We will not go beyond 43 years of contribution. “But this quota must be reached sooner: the duration of the contribution will increase by a quarter per year and reach 43 years for those born in 1965, therefore eight years earlier than the Touraine scheme.
The question is what acceptance LR – who is holding its back-to-school meeting at the National Assembly on Jan. 10 – will order for this device. A subject very close to their hearts and currently being discussed with the government: the treatment provided for small pensions. The government plans to raise the minimum pension rate for full career to just over 1,200 euros and sets a rule: this amount cannot be less than 85% of the minimum wage. But this increase will only apply to new retirees, said Elisabeth Borne on January 3 on Franceinfo. LR wants the measure extended to current pensioners, which is both technically complex and financially expensive: between 200 and 500 million euros (depending on the profile of the act) in the first case, triple that in the second. LR or not, it’s hard to see the government reject this extension during the debate in the DPR.
