On the pension reform, a difficult budgetary equation to solve

by time news

Won’t the addition end up being salty? While the pension reform begins to be debated in the Senate from Thursday March 2, the elected representatives of Les Républicains (LR) and Union centriste (UC), who hold the majority in this assembly, have the firm intention of changing the text. . Two themes are at the heart of their concerns: the rights to old-age insurance for women and the employment of seniors. However, the measures they take on these subjects represent an additional expense, which complicates the government’s objective of reducing the deficit to which they subscribe.

Read also: Article reserved for our subscribers Pension reform: the Senate awaits “clarifications” from the government

First essential reminder: when the bill was presented to the Council of Ministers on January 23, it was counting on a return to balance in the pension system by 2030, taking into account the so-called “accompaniment” – ie in favor of the insured (revaluation of small pensions, etc.). These have been estimated at nearly 6 billion euros.

During the examination of the text in the National Assembly, the bill increased by some 900 million euros, as indicated in the report by Senator Elisabeth Doineau (UC, Mayenne) and her colleague René-Paul Savary (LR , Marne), published on Tuesday 28 February. This amount comes from ” essentially “of the “amenities” the mechanism of long careers: Elisabeth Borne, the Prime Minister, had announced new rights to early retirement for people who started working between the ages of 20 and 21, then for those who started their professional life from 17 years.

This gesture by the head of government generates additional “costs” which are partially covered by another provision adopted by the deputies: the increase in the levies on the bonuses granted during a conventional rupture. It should bring in 300 million euros, while 900 million have therefore been released. Instead of being on the waterline, the pension system could therefore “show a deficit” of 600 million euros in 2030, « avant [la] discussion in the Senate » of the reform, report Mme Doineau and M. Savary in their report.

“Reasonable” additions

However, the majority at the Luxembourg Palace intends to take initiatives, even if they contribute to increasing the amount of the “painful”. On Tuesday, the Social Affairs Committee approved several amendments with a budgetary impact: granting of a bonus from the age of 63 for people – mothers of families, in particular – who total “43 annual contributions due to increases in the duration of insurance for children”establishment of an employment contract “end of career” exempt from contributions for the family branch…

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