Supplementary pensions will be increased by 4.9% on November 1

Employee unions and employers agreed on the night of Wednesday October 4 to Thursday October 5 to increase supplementary pensions by 4.9%, in line with inflation. Three employers’ organizations (Medef, CPME, U2P) and five representative unions (CFDT-CGT-FO-CFTC-CFE CGC) met to agree on the management rules applicable to 1^er November, for the period 2023-2026. They still have to sign the agreement reached during the night.

The “malus”, a temporary reduction of 10% which has applied since 2019 to the pensions of many retirees who left having met all the legal conditions, will be eliminated from 1^er December for new retirees, then from April for all retirees concerned, they indicated. Without commenting definitively on the agreement, several organizations said they found it ” balance “.

Managed by social partners, Agirc-Arrco pays more than 87 billion euros to 13 million retirees each year. This additional part represents between 20% of the total pension for precarious employees and 60% for certain executives.

Even before the start of the meeting at 3 p.m., the social partners already agreed on one point: their refusal to see the government drain the system, which the FO negotiator, Michel Beaugas, considers to be a ” embezzlement “.

“We all resist. We refuse to sign a check to the government”summarized Christelle Thieffinne (CFE-CGC) during a session suspension. “If we open this door, parity is dead. The employers are aligned with the union organizations and that is what will make us strong”she rejoiced.

“The risk is that Agirc-Arrco will disappear”

The executive is demanding 1 to 3 billion annually from Agirc-Arrco by 2030, which it first presented as participation in the increase in the contributory minimum (small pensions) provided for by its pension reform, to finally evoke a duty to “solidarity” between regimes with a view to “return to balance” overall. Otherwise, he threatens to help himself to the cash registers.

He argues the good financial health of the regime, its 68 billion euros in reserves, and the new revenues brought by the pension reform (estimated by Agirc-Arrco at 22 billion over fifteen years).

According to the unions, such a drain would jeopardize Agirc-Arrco and its ability to increase pensions. According to a source close to the matter, one billion is equivalent to 1.1% revaluation. The plan also operates with a golden rule which requires keeping six months of advance payments in reserve, over a period of fifteen years.

“We are looking for an eight-party agreement, because the situation is serious. The risk is that Agirc-Arrco will disappear”, judged Denis Gravouil (CGT). The government has the means to drain the system via the social security financing bill (PLFSS), but faced with this unity, “he may not have a majority to do so”he hopes.

In The echoes On Tuesday, the president of Medef, Patrick Martin, also defended the “freedom of intermediate bodies”refusing that the State “gets his hands on the management as he has already done in part on Unédic”.