Pension reform: what changes for current policyholders?

The pension reform was finally adopted. After the rejection of the motions of censure against the executive’s project, the text must still pass through the hands of the Constitutional Council, which could be tempted to censure part of it. The National Rally (RN) and the New Popular Ecological and Social Union (Nupes) filed an appeal on Tuesday, March 21, 2023, denouncing a bill that disrespects the Constitution.

On the one hand, debates in parliament have been largely restricted by the government. “A 49.3 in the National Assembly at first reading, a vote blocked in the Senate with article 44.3, article 44.2 to delete sub-amendments from the senatorial left …”, list our colleagues from BFMTV. If these provisions are legal, their multiplication could well chill the Constitutional Council. On the other hand, some measures are not directly linked to the social security budget, and could therefore be censored because they are considered “budget riders”. This is particularly the case for experimenting with the senior CDI, or the senior index.

In the meantime, the government hopes to implement its pension reform as of September 1, 2023. Lowering the retirement age to 64, increasing the years of contribution, abolishing the majority of special schemes. While most of the changes contained in the pension reform concern future retirees, current policyholders are not left out. Accumulation of employment and retirement, minimum pension, additional quarters… What really changes for those who have already liquidated their rights? We take stock in our slideshow below.