France: Elisabeth Borne unveils the principles and measures of her pension reform project

French Prime Minister Élisabeth Borne, Minister of Economy and Finance Bruno Le Maire, French Minister of Labor Olivier Dussopt and Minister of Transformation and Public Services Stanislas Guérini, this Tuesday, January 10 in Paris.

PA - Bertrand Guay

Text by: RFI Follow

3 mins

The French Prime Minister presented, this Tuesday, January 10, 2023, the pension reform project of her government, which plans to gradually push back the legal retirement age to 64 years.

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64 years old in 2030, compared to 62 years old today.

Elisabeth Borne wants the legal retirement age to be raised at the rate of three months a year from September 1, 2023. It would thus be set at 63 years and three months in 2027, before reaching the target of 64. years in 2030.

The French Premiere defended this option this Tuesday evening in Paris, with the Ministers of Economy, Labor and the Public Service at its side, respectively Bruno Le Maire, Olivier Dussopt and Stanislas Guérini, after a passage before the deputies.

Still in the name of budgetary balance, and the sustainability of the pay-as-you-go system, the government's plan also plans to accelerate the extension of the duration of contributions, bringing forward to 2027 the requirement of 43 years of contributions for a pension. at full rate instead of 2035.

Elisabeth Borne, French Prime Minister:

We suggest that those who can work longer (...) This choice is also the one made by all our European neighbors.

Revaluation of pensions

Ambition

 " of Ms. Borne, whose project consists in particular in accelerating the reform of Marisol Touraine?

“ 

Justice

 ” and “ 

progress

 ”.

The Prime Minister has " 

decided to integrate 

" into the project " 

the revaluation of the pensions of current retirees who have had a full career at the level of the Smic 

".

This concerns, according to the head of government, “ 

nearly two million small pensions 

”.

The measure will be discussed with parliamentarians, “ 

in particular 

” the group Les Républicains, specifies Élisabeth Borne, who hopes to be able to integrate the measure into the text which will be presented on January 23.

Decline in special diets

The reform will enact " 

the extinction of the main special regimes

 ", according to the terms used in the government's press kit.

“ 

New recruits at the RATP, in the electricity and gas industries branch and at the Banque de France

 ” will in particular be affiliated to the general scheme.

Elisabeth Borne:

I am well aware that changing our pension system raises fears and questions among the French.

We want to answer and convince.

Index for seniors

The reform also includes a so-called “ 

adapted

 ” device for long careers, “ 

so that no one who started

 ” working early is forced to work “ 

over 44 years old 

”.

In addition, the government wants to create a " 

senior index

 " that companies with more than 50 employees will have to publish.

This measure arouses the hostility of employers.

Refusal to fill in the index will be a reason for sanction

 ", specifies the Minister of Labour, Olivier Dussopt, without detailing the indicators which will be used to set up this index, the latter having to be "

 defined at the end of a professional consultation

 ”.

But this index measuring the employment of seniors will have to be put in place for companies with more than 1,000 employees “ 

from this year

 ”, and for those with more than 300 employees in 2024, assures Ms. Borne.

An index will be created on the position of employees at the end of their career.

This index will be simple.

It will be public.

It will promote good practices and denounce bad ones.

More information to come on RFI.

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