The Pension Guidance Council, or COR, criticized at the beginning of the year by Matignon for its lack of “readability”, decided this Thursday not to advance its most optimistic scenarios, starting from its next report scheduled for mid-June.
The COR went from 12 to 4 hypotheses
The cleanup continues in the COR forecasts. Already going from twelve to eight scenarios last year, the organization has chosen to focus on four scenarios this year, during its traditional “annual report writing” meeting.
Thus, the options based on a “constant effort of the State” emerge, relegated to the appendix. Because if the public pension plans save in the future, “it is not up to the COR to decide on the use of this room for maneuver,” according to the documents presented at this meeting, and of which AFP obtained a copy.
Therefore, in the body of the report only the forecasts that “reflect the current legislation of the pension system” will remain, where the State is content with “ensuring the financial balance” of the special regimes (SNCF, RATP, EDF) and those that They are in public service.
However, the next projections will show the gap between income and expenses, so that “the reduction of state contributions” is presented “in a simple and visible way.”
“There are many assumptions in the COR report”
If this election, approved by COR members including the unions, was not dictated by the government, it comes three months after a shovelful launched by Prime Minister Elisabeth Borne. In January, she considered that “there are many assumptions in the COR report” and judged that this “may affect the readability of its conclusions.”
Elisabeth Borne then reacted to the statements by the president of the COR, Pierre-Louis Bras, who a few days earlier had declared before the National Assembly that “retirement expenses do not drift”. Simple reminder of the conclusions of her institution, that the opponents of the reform had not stopped turning against the executive.
Source: BFM TV
