Decline in the legal retirement age, increase in the contribution period or even increase in the minimum pension, the changes are numerous for the pension reform presented by Elisabeth Borne. Before starting the process of your retirement or simply if you are in doubt about the difference, here are the ways to describe and understand the distinction between pension and retirement.

A pension is a periodic allowance, which is paid to a specific person. You can thus receive a pension in different contexts. For example, the invalidity pension may come back to you when you are no longer fit to practice your profession following an accident or illness. There is also the alimony retirement pension, which represents an amount granted by the State after contribution for a certain number of years in its service. It should not be confused with retirement.

Retirement is the time when a person chooses to quit their job and withdraw from working life. By applying for retirement, she can therefore receive a retirement pension after having contributed during her working years. When you contribute, you do so under two schemes: the basic pension scheme and the supplementary pension scheme. According to the government, the next pension reform will notably allow the establishment of a minimum pension of 1200 euros for people who have contributed all their life with income around the Smic.