While the pension reform continues to be debated, the French are preparing for its implementation, scheduled for September 1st. While the raising of the legal retirement age to 64 by 2030, as well as the increase in the duration of insurance, have already been recorded, other changes are planned. Despite the legitimate concerns of future retirees, it could be that, according to a recent study, the effects of the pension reform are more interesting than expected. Explanations.
It has been months since the pension reform has caused confusion and concern among the French, worried about the prospect of working two additional years. However, while the Pension Monitoring Committee has just published a report, its consequences should be more redistributive than expected. Indeed, according to this study, the reform will lead to a gain for the poorest 25% while the wealthiest 25% will suffer a loss. Something to reassure opponents of the reform, who expected significant loss figures for the most precarious.
In its recent opinion, published on Thursday, the Pension Monitoring Committee raises the prospect of a redistributive pension reform. The president of the CSR, Didier Blanchet, thus speaks of a 7% increase on small pensions, “even if it does not make fortunes”. Among the main favorable measures, it is the guarantee provided for in the law to ensure a minimum pension equal to 85% of the minimum wage, which should be the most attractive. This amount of pensions will therefore be reached by adding the basic pension paid by Social Security and the supplementary pension. The rules of the agreement, however, still have to be renegotiated in the fall.