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Retirement: soon the end of the Pension Orientation Council?

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In the turmoil of the pension reform, the Pensions Orientation Council held firm, but today remains particularly controversial while its use is a source of dispute. After the submission of its annual report on the state of health of the scheme, on June 22, and while the Pension Monitoring Committee (CSR) must now give its opinion, what future is announced for the Orientation Council retirements ?

Composed of forty personalities, between trade unionists, parliamentarians and administrative officials, the Pensions Orientation Council has been widely exploited by the government to justify the implementation of the pension reform. It is, in fact, the Cor, which announced, in its 2022 report, a deficit of the system until 2030. If the opponents had returned these figures to explain the absence of financing problems, the adoption of the reform did not succeed in closing heated debates. Faced with his new report, tempers are not likely to calm down since he announces that, despite the pension reform, financial equilibrium will not be reached in 2030.

In this tense context, our colleagues from Capital met Hervé Boulhol, head of “pensions and demographic aging” at the Organization for Economic Co-operation and Development (OECD), who recommends some changes. He thus evokes “remarkable work” done by the Cor in the face of a “multitude of pension schemes with complicated rules”. He therefore strongly encourages us to “raise the questions of the Cor’s independence and resources” with the absolute necessity that the Cor can rely “on this then reinforced independence to communicate more directly the essential lessons that emerge from his work”.

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