Personal training account: flat-rate participation for employees “implemented” in 2024, announces Cazenave

by time news

2024-04-13 19:47:28

Employees will have to contribute to the savings planned by the State. The Minister Delegate in charge of Public Accounts, Thomas Cazenave, announced this Monday the implementation in 2024 of a flat-rate contribution for employees to the personal training account (CPF). This measure is part of the ten billion additional savings planned this year, announced by Bruno Le Maire on Sunday evening.

“This flat-rate participation will be implemented this year, which will allow us to generate 200 million euros in savings out of a total of 2 billion,” Thomas Cazenave declared to the press, referring to a “fair” and “necessary” in a difficult context for public finances. A decree to this effect is planned for April, the Ministry of the Economy and Finance was told.

Several savings avenues

The government has revised downwards, from 1.4% to 1%, its growth forecast for 2024 and unveiled a plan of 10 billion additional savings to meet its ambition of reducing the public deficit to 4.4% of GDP this year. Intervening in a tense geopolitical context and a virtual stagnation of the European economy, this new blow comes in addition to the 16 billion savings already included in the budget for 2024, consisting mainly of the removal of the tariff shield in the energy.

The ten billion euros of State savings are likely to “convince our partners of the seriousness of our management of public finances”, estimated earlier this Monday Thomas Cazenave, questioned on France 2. The government had already announced last fall that it wanted to include 12 billion euros in savings in the 2025 budget. But “it is very likely that we will have to do more,” he estimated.

VIDEO. “It’s the State that is tightening its belt” to achieve 10 billion euros in savings, says Bruno Le Maire.

Half of the savings, or five billion euros, will have to be found in the operating budget of the ministries. For example, 700 million euros in savings will come from lower personnel costs, notably the delay in recruitment, and 750 million from a reduction in State purchases, detailed Thomas Cazenave. The rest of the savings will rely in particular on a reduction of 800 million euros in public development assistance or the limitation of the Green Fund to 100 million euros.

The minister also cited the review of certain public policies. In addition to the CPF and a reduction of one billion in the MaPrimeRénov’ energy renovation aid envelope, he mentioned the revision of the support amounts for apprenticeship contracts (200 million). The decree to cancel these 10 billion euros of credit must be taken this week. Another decree must specify the modalities for the CPF in April.


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