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Pensions: for the Minister of Labor, going back to 64 “would be renouncing the return to balance” of the system

The Minister of Labor, Olivier Dussopt, closed the door on Monday to a retraction from the Government on the postponement of the legal retirement age to 64 years.

There is no question of reconsidering the postponement of the legal retirement age to 64 years. The Minister of Labor stressed that “returning to this point would mean renouncing the return to equilibrium of the system.”

“The age measures that we are taking”, the raising of the age of majority (64 years in 2030) and the acceleration of the extension of the contribution period (43 years from 2027) “are those that allow us to adapt the balance system in 2030”, are “completely fundamental”, argued Olivier Dussopt during the report to the press of the Council of Ministers.

The Social Security amending budget project, which includes the pension reform, presented this Monday in the Council of Ministers, represents “a saving of 18,000 million euros by 2030,” said Olivier Dussopt.

Balance the pension system

This saving should make it possible to balance the system and introduce “more justice”, in particular with a minimum pension raised to 1,200 euros gross per full career, which should benefit 1.8 million current pensioners and some 200,000 new retirees each year.

Consideration of long careers, improvement of the hardship prevention account, index on the employment of the elderly with economic sanction in case of non-publication for companies with more than 300 employees, closure of special regimes The Minister of Labor and his colleague from the Service Civil Stanislas Guerini outlined the key points of the bill.

Asked about the possibility of modifying the text during the parliamentary debate, Olivier Dussopt replied: “Every time an amendment will allow us to improve the text without renouncing the return to balance in 2030, nor the fundamentals of the reform, we will obviously be open it”.

Author: SA with AFP
Source: BFM TV

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