what new conditions with the pension reform?

what new conditions with the pension reform?

LONG CAREERS 2023. If it were to come into force, the pension reform would force some workers to contribute 44 annual installments, one more than with the current system, even if they started early. Explanations.

[Mis à jour le 27 janvier 2023 à 08h14] The 2023 pension reform should significantly modify the system for long careers. Today, it is possible to benefit from an early departure for a long career if you started working before the age of 16 and 20 (four or five quarters contributed). From now on, the government wishes to establish a new level, 18 ansto allow this category to retire at 60 ans, four years before the new legal age. Attention, to claim it, you must imperatively contribute 43 annuities and validate 172 quarters. Employees who have contributed enough 18 to 20 years oldthey can leave at 62 ans. That is two years less than the new legal age, but two years more than with the current system. The earlier you started working, having contributed the required quarters, the sooner you can leave. Up to 58 ans if you started your career at 14 ans. Unfortunately, this pension reform should make losers.

Indeed, the decline in the legal retirement age (64 years by 2030) and the acceleration of the increase in the contribution period (one more quarter per year) could force this new category of the career system long (those who started working before the age of 18) to contribute 44 years, compared to 43 currently. To try to see more clearly, let’s take an example. If you were born in 1973 and you started working at 17, you can then leave at age 60 at full rate having validated 43 annuities. But with the reform and the new rule of 44 annuities (a year of increase applies), the departure will be delayed to 61 years old at full rate, still having started his career at 17 years old. That’s a year older than today. Such a scenario is therefore one of the big losers of the project, and will have to contribute 176 quarters, four more than initially.

Through this pension reform, the government promises a reform “adapted, so that no one who started working early is forced to work over 44 years”. Here is the new retirement age, based on your starting age. Attention, to benefit from this early departure, it is mandatory to have validated at least 5 terms before the age of 20, 4 if you were born at the end of the year:

  • 58 ans : if you started working at 14 ans
  • 59 ans : if you started working at 15 ans
  • 60 ans : if you started working at 16 ans
  • 61 ans : if you started working at 17 ans
  • 62 ans : if you started working between 18 and 20 years old

To benefit from early retirement for a long career, you must have started working before 20 years. Two other conditions prevail. First, your retirement insurance period must include, all mandatory basic schemes combined, a minimum number of quarters contributed. Also, you must have acquired a minimum number of quarters of retirement insurance at the start of your career. These 2 conditions for the duration of pension insurance vary according to your year of birth, the age from which you started working and the age from which you plan to take early retirement.

The 2023 pension reform slightly modified the system for long careers by introducing a new level, set at 18 years. From now on, if you started working before the age of 18, it will be possible to retire at age 60, ie four years earlier (if you contributed at least 44). As mentioned above, the earlier you started working, the earlier you can retire.

Another potential novelty, to compensate for choppy careers, the periods validated under the old-age insurance for stay-at-home parents (AVPF), in particular due to parental leave, could be part of the long career system. The persons concerned could therefore validate up to four additional quarters in this situation. Periods which would also be counted in the calculation of the increased minimum pension. This should increase the amount of small pensions for some women, forced to put their career on hold to take care of their child(ren).

The national pension fund for local authority employees (CNRACL) is the pension fund for the basic scheme of local government and hospital employees. It is a public administrative institution of the State, it is managed by the Pensions and Solidarity Department of Caisse des Dépôts. Note that the conditions for obtaining a “long career” pension are exactly the same as for other civil servants.


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