Retirement age, extension of the contribution period, end of special schemes… Prime Minister Elisabeth Borne clarified this Tuesday, January 10 the contours of the very controversial pension reform which aims to “guarantee the balance of the system” in 2030. Here are the main points of the government’s bill.
- Retirement age raised to 64
The legal retirement age will reach 64 in 2030, compared to 62 today, according to the government’s press kit presenting the reform.
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The legal age will be gradually raised at the rate of three months per year from September 1st. It will therefore be set at 63 years and 3 months in 2027 at the end of the five-year term, then will reach the target of 64 years in 2030, according to this document.
- Extension of contributions
The pension reform plans to accelerate the extension of the contribution period, bringing forward to 2027 the requirement of 43 years of contributions for a full pension instead of 2035.
“To benefit from a full pension, it will be necessary, from 2027, to have worked 43 years, duration of contribution voted within the framework of the Touraine law of 2014”which had set the deadline at 2035, is it written.
- End of special diets
Pension reform “will act on the extinction of the main special regimes”said the government in a press kit released a few minutes before the announcements by Prime Minister Elisabeth Borne.
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“New hires at RATP, in the electricity and gas industries branch and at the Banque de France” will be affiliated to the general retirement scheme, the executive said.
- A device suitable for long careers
The pension reform will put in place a mechanism “adapted” in order to “protect people who have a long career”indicates the government in a press kit presenting the reform.
“The long career system will be adapted so that no one who started working early is forced to work over 44 years old”says the executive.
