HomeEconomyRetirement: "an additional contribution" from employers (but without increasing the cost of...

Retirement: “an additional contribution” from employers (but without increasing the cost of labor)

“Everyone must do their part” stressed the Prime Minister during the press conference announcing the reform of the pension system.

In addition to the gradual transition to 64 years (by 2030) and the obligation to have worked 43 years from 2027 (instead of 2035) to have a full pension, Elisabeth Borne also called on companies and employers to contribute.

“For this project to be fully balanced, everyone will have to do their part,” the prime minister said on Tuesday. “That is why we are going to ask employers for an additional contribution to finance retirement.”

A parallel decrease

“But we refuse to increase the cost of labor,” adds Elisabeth Borne. “That is why we will symmetrically lower the employer’s contribution to the system of accidents at work and occupational diseases, which is very surplus.”

“With a legal retirement age that will reach 64 years in 2030 and 43 years of contributions, the objective will be met within this horizon, our system will be balanced,” concludes the head of government.

Author: Olivier Chicheportiche
Source: BFM TV

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