the timetable for the reform if the Constitutional Council does not censure the text

The pension reform was adopted by Parliament following the rejection of motions of censure on 20 March. Pending the decision of the Constitutional Council on Friday, MoneyVox presents the theoretical timetable for the entry into force of the key points of the text carried by the government of Emmanuel Macron.

Despite repeated grumbling from the streets, the rejection of motions of no confidence in the National Assembly last March enabled the government to pass its pension reform bill without a direct vote on the text. Pending the publication of the implementing decrees and the promulgation of the law, all eyes are on the Constitutional Council who must return this Friday, at the end of the day, an expected opinion on the text and on the use of a referendum.

Clearly, the Sages have the possibility of censor certain articles of the law. The senior index, which would force companies to declare employees over 55, or the experimentation of a new CDI at the end of their career are threatened. The nine members of the Constitutional Council can also censor the entire text. A scenario that would probably be fatal to the Borne government.

Finally, a decision will also be made on the admissibility of the bill for a shared initiative referendum (RIP) which was tabled in the National Assembly. In case of validation, it will then be necessary convince 4.7 million French people aged to vote to sign this RIP to organize an election within a year.

Waiting for, here is the theoretical timetable for implementation planned by the executive.

The legal age will change from September 1, 2023

If these obstacles are passed without incident, as of September 1, 2023, the legal retirement age will be gradually raised by three months per year to reach 64 in 2030, compared to 62 today. Precisely, it will be set at 63 years and 3 months in 2027 at the end of the five-year term to gradually reach 64 years old in 2030.

It will then be necessary to justify 43 years of contributions for a full rate pension. According to the terms of the previous Touraine reform, this opportunity should have arrived in 2035. The age at which people can retire without a discount, regardless of their contribution period is maintained for 67 years. The measure applies to all withdrawals, future and current.

How many quarters will you have to contribute to receive a full rate pension?
year of birthLegal starting ageBefore the reformAfter the reform
196062 years old

167 quarters
41 years, 9 months

167 quarters
41 years, 9 months
January 1961
August 1961
62 years old

168 quarters
42 years old

168 quarters
42 years old
September 1961
december 1961
62 years and 3 months168 quarters
42 years old
169 quarters
42 years, 3 months
196262 years and 6 months168 quarters
42 years old
169 quarters
42 years, 3 months
196362 years and 9 months168 quarters
42 years old
170 quarters
42 years, 6 months
196463 years old169 quarters
42 years and 3 months
171 quarters
42 years, 9 months
196563 years and 3 months169 quarters
42 years and 3 months

172 quarters
43 years

196663 years and 6 months169 quarters
42 years and 3 months
172 quarters
43 years
196763 years and 9 months170 quarters
42 years and 6 months
172 quarters
43 years
196864 years old170 quarters
42 years and 6 months
172 quarters
43 years
196964 years old170 quarters
42 years and 6 months
172 quarters
43 years
197064 years old171 quarters
42 years and 9 months
172 quarters
43 years
197164 years old171 quarters
42 years and 9 months
172 quarters
43 years
197264 years old171 quarters
42 years and 9 months
172 quarters
43 years
197364 years old172 quarters
43 years
172 quarters
43 years

Source: Matignon

Born in 1961: the tested generation

As shown in the table above, people born in 1960and who turned 62 last year, are not affected by the reform.

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But for those born in 1961the situation is more complex: workers who will celebrate their birthday between January and August will be able to assert their right to retirement from the age of 62, with a contribution period of 42 years or 168 quarters, to obtain a full rate.

But those born between September and December 1961 will have to work an additional term and accumulate 169, or 42 years and 3 months.

Then all employees born between 1962 and 1972 will have to work between 1 and 3 trimesters more than currently expected.

At what age can I retire? *

Legal retirement age **
Number of terms required **
automatic full rate **67 years old

* From 1er September 2023, the legal retirement age will be gradually raised by three months a year to reach 64 in 2030, compared to 62 today.
** Source: government pension reform project presented on January 10, 2023.

NB: This is a simplified simulator which presents the general cases. For a personalized simulation, go to the simulator of the retirement info site.

Ns in 1965 and 1966: the big losers

All employees born between 1962 and 1972 who will have to work between 1 and 3 quarters longer than currently planned, but the generations born in 1965 and 1966 – who will therefore be 58 and 57 years old in 2023 – are the big losers of this accelerated movement compared to the Touraine reform which provided for a contribution level of 43 years in 2035.

To reach this new ceiling set by the government, these workers will have to justify three additional quarters.

retirement frieze

Reminder: to validate a quarter, you must receive a minimum income over 3 months. In 2023, it will be necessary to receive 1690.50 euros of gross salary for the validation of a quarter (compared to 1585.50 euros a year earlier), this amount being revalued at the rate of the rise in the minimum wage.

source site-96