2023-04-21 01:25:18
Change of strategy. The Pensions Orientation Council (COR), criticized at the start of the year by Matignon for its lack of “readability”, decided on Thursday not to put forward its most optimistic scenarios. And this from its next report, expected in mid-June.
Already gone from twelve to eight scenarios last year, the organization has chosen to focus on four hypotheses from this year, during its traditional meeting for “preparing the annual report”.
Exit, therefore, the options based on a “constant effort of the State”. They will henceforth be relegated to an appendix. Because if public pension schemes save money in the future, “it is not up to the COR to decide on the use of this flexibility “, according to the documents presented at this meeting, and of which AFP obtained a copy.
Elisabeth Borne’s reviews
Therefore, in the body of the report, only the forecasts will remain which “reflect the current legislation of the pension system”, where the State is content to “ensure the financial balance” of the special schemes (SNCF, RATP, EDF) and those in the public service. The next projections will, however, show the gap between revenue and expenditure, so that “the reduction in state contributions” appears “in a simple and visible way”.
If this choice – approved by the members of the COR, including the unions – was not dictated by the government, it nevertheless comes three months after a spade launched by the Prime Minister, Elisabeth Borne. In January, she felt that “there are a lot of assumptions in the COR report” and judged that this could “harm the readability of its conclusions”.
She was reacting then to the words of the president of the COR, Pierre-Louis Bras, who had declared a few days earlier to the National Assembly that “retirement expenses are not skidding”. Simple reminder of the findings of his institution, that the opponents of the reform had not failed to turn against the executive.
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