the budgetary balance of the text preserved despite costly concessions

The bill has increased but the hole seems not to have dug. At the end of his career in Parliament, the pension reform no longer has the same face as at the start. Several amendments were adopted during the debates with the aim of improving or preserving certain rights to old-age insurance. These additions, which have often been the result of concessions made by the government in response to demands from the Les Républicains (LR) party, generate expenses. But several solutions have been found in order to try not to compromise the objective of reducing the deficit displayed by the executive.

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In the version presented to the Council of Ministers on January 23, the bill was built on a trajectory for restoring the balance of the pension system by 2030, which takes into account measures “accompaniment” – that is to say, ” justice “ in the minds of those in power. These are estimated at nearly 6 billion euros per year. In this “package”, there is in particular the revaluation of minimum pensions (1.7 billion euros).

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Once submitted to the national representation, the text evolved, mainly during its examination in the Senate, from March 2 to 11. First size adjustment: the extension of the long career system, which allows individuals who started working early to leave before the age of opening of rights. This choice will benefit those who started their professional life before the age of 21. It represents a cost of 400 million euros per year (in 2030). Several gestures have also been made in favor of families, at the request of elected LR and Union centriste, the majority at the Luxembourg Palace: the most significant relates to the premium granted to policyholders – mainly women – who have reached the age of 63 the contribution period required to be eligible for the full rate (240 million euros per year in 2030).

Maneuver on dues

Two other measures, synonymous with additional costs, were voted in the Senate, but they will have no impact on the pension system because they will affect the family branch and the accident at work-occupational disease (AT-MP) branch of the Social Security. The first of these provisions relates to the “senior contract” which will be tested for long-term unemployed people aged at least 60, subject to contribution exemptions. A less ambitious mechanism than what the rapporteur, René-Paul Savary (LR, Marne) initially wanted, and which should, according to him, be ” neutral “ for the budget of our social protection system: by resuming a job, the people concerned will receive a salary which will generate various contributions compensating for the exemptions, according to Mr. Savary. The other measure – endorsed, therefore, by the AT-MP branch – authorizes retirement at age 60 for people with permanent disabilities.

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