After having been the source of a fierce struggle in the National Assembly, the section on pension reform is gradually closing. Despite a wave of protests at its strongest for nearly 15 years, nothing helps. The some 17 motions of censure, and the 14 days of mobilizations will therefore not have lived up to article 49.3, proclaimed just two months ago by the Prime Minister. Despite everything, Elisabeth Borne, supported by the government, could finally reserve a “good surprise” for employees in the private sector.
The supplementary pension had already been modified on January 1, 2019. Indeed, until then, an employee who had fulfilled the conditions to receive his basic pension at the full rate was generally guaranteed to receive his supplementary Agirc-Arrco without reduction.
The pension system in France is complicated, with subtle rules that workers are often unaware of until the end of their career. First, the legal age is the minimum age for retirement (currently 62). But there are exceptions for long careers.
On the other hand, full-rate retirement concerns workers who have exceeded the legal age and who have contributed enough quarters (depending on their year of birth). Otherwise, the retiree is not entitled to a 100% pension.
Finally, the temporary penalty means that Agirc-Arrco applies a 10% discount on the supplementary pension. Even if you have reached the legal age and contributed enough quarters, you will receive 10% less on your supplementary pension for several years. In all cases, this discount ends on your 67th birthday.
What will happen to the malus on September 1? This question has often been asked for a few weeks since the State does not manage Agirc-Arrco. Indeed, it is the social partners, employee unions and other employers’ organizations that are leading this complementary ship of more than 13 million people. They are also the ones who will therefore decide the fate of the famous 10% penalty.
In addition, two arguments challenge this penalty. The first of these is to push back the retirement age. In such a case, some will wonder if there is still a reason to work longer, with a legal age of 64. Then, according to information from La Dépêche, the financial gain of the penalty for the accounts of Agirc-Arrco would be almost nil.
The social partners were to meet at the beginning of 2023, in order to open the file on the rules for allocating the complementary Agirc-Arrco. Time is running out now since the examination of the new national interprofessional agreement (ANI) has been postponed due to the reform.
Nevertheless, according to information from Money Vox, a consensus seems to have been initiated between unions and employers’ organizations to remove the famous 10% penalty. A question remains, however. Will the bonus granted after two years of work beyond the full rate be maintained? The first snippets of exchanges would have been held at the beginning of June. Nevertheless, questions remain as to when these negotiations on the new ANI will open.