43 or 44 years of contributions? Invited this Friday on RMC and BFMTV, Olivier Dussopt tried to explain the changes in the long-standing system that the pension reform brought with it.
“What I want to highlight is that with this system of long careers that we are improving, we are making sure, compared to 20 years ago, that we reduce the gap between the minimum and maximum contribution over and over again,” said the Labor Minister, remembering that before 2003, some who had started working at around 22 years of age could leave at 60 with 37.5 years of contributions, when those who had started at 15 had to contribute for 45 years. “There were eight years apart!” stressed the minister.
With the reform, people who have validated 5 quarters before turning 16 will no longer have to work for 45 years as was the case up to now for some of them. They will be able to continue “from the age of 58” with 44 or 43 years of contribution depending on the age of beginning of the career (14 or 15 years).
“We are creating two new systems”
“There is a second system that exists whereby if you started before the age of 20 you can leave two years before the legal age, we are maintaining it. And we are creating two new systems with the same philosophy”, continued Olivier Dussopt.
The first consists of allowing people “who have contributed 5 quarters before the age of 21, to leave one year before the age of majority, that is, 63 years,” the minister indicated. The second will ensure that “if you started working between the ages of 16 and 18, you can leave four years before the legal age, at 60.”
In other words, “if you go to work between the ages of 16 and 18 and the day you turn 60 you have 43 years of contributions, you leave,” explained the minister, acknowledging that the system of long careers is “ultra-complex.”
Source: BFM TV
