Nearly 700,000 private sector withdrawals will see their supplementary pension increase on Tuesday April 2. The gain will be around 10% for most of them. For what? Because the Agirc-Arrco penalty disappears. Definitely.
700,000 withdrawals will no longer have a penalty, announced Franois-Xavier Selleret, the general director of Agirc-Arrco, during the press conference on the 2023 results of the compulsory supplementary retirement plan for private sector employees. Nearly 700,000, he previously clarified.
They have been informed. The new amount of their allowance has been made available on their personal space
Are you one of them? If this is the case, your supplementary plan should warn you: They have been informed. The new amount of their allowance has been made available on their personal space, specifies Franois-Xavier Selleret.
End of the penalty benefiting young withdrawals
This boost, which is above all the end of a downturn, concerns all those who have recently retired, simplifying over the period 2021-2023, right at the age of the full rate. Those who left after December 1, 2023 are already no longer subject to the penalty. And those who left at the beginning of 2021 or before, full rate, have theoretically finished paying it.
Let us remember that the Agirc-Arrco penalty was a temporary discount of 10% on the supplementary pension: a penalty applied even if you worked until the age of the full rate (without the full rate, the discount is no longer temporary but definitive). This penalty reduced your supplement by 10% most often, for a maximum of 3 years, unless you reached the age of 67 before the end of this 3-year transitional period.
How much will these nearly 700,000 withdrawals earn on their April 2 pension? Around 10% of their current complement. For example, if your basic pension is 1000 euros and your supplement is 500 euros with penalty, this means that your supplement excluding penalty should have been around 556 euros (1). In this case the increase would be almost 56 euros. The penalty, however, was only 5% for more modest withdrawals, those with a reduced CSG rate: in this case if your additional amount is 500 euros, it would increase to 526 euros (1).
Therefore, nearly 700,000 young retirees and former private sector employees will benefit from this removal of the Agirc-Arrco penalty. A decision taken following the adoption of the pension reform, the supplementary scheme having considered that this incentive to work longer was no longer useful with the increase in the legal age and the extension of the contribution period necessary to leave. full.
To know. The sums deducted under this coefficient until April 1, 2024 will not be returned, recalls Agirc-Arrco. If your pension has been reduced for 2 years, you only gain one less year of penalty, but this removal does not allow you to claim the loss of earnings for the past two years.
What about the Agirc-Arrco bonus?
You do Conversely part of the withdrawals benefiting from the increased solidarity coefficient, more commonly called a bonus? This could go up to a 30% temporary bonus for one year. The bonus is not called into question for those who currently receive it: it continues its course, for one year, as announced at the time of liquidation of your rights.
And for the next departures? It all depends on whether or not you are affected by the 2023 reform. The bonus has already been deleted for all new withdrawals affected by the reform (thus starting from September 1961). On the other hand, the withdrawals not before September 1961 and having extended their career (from 2 to 4 years beyond the age of their full rate) hoping to benefit from this bonus will indeed benefit from it.
Supplementary retirement: I continue to work. Will I still get the bonus?
At what age can I retire? *
| Legal retirement age ** | — |
| Number of quarters required ** | — |
| automatic full rate age ** | 67 years old |
*As of 1er September 2023, the legal retirement age will be gradually raised by three months per year to reach 64 years in 2030, compared to 62 years today.
** Source: government pension reform project presented on January 10, 2023.
NB: This is a simplified simulator which presents general cases. For a personalized simulation, go to the simulator retirement info site.
(1) 500 euros corresponds, when rounded, to 90% of 556 euros. And 95% of 526 euros.