64 years old, 1200 euros… Change in the Senate?Summary

pension reform. The Pensions Reform Project has been debated in the Senate since Thursday 2 March 2023. In total, more than 4,700 amendments must be studied before March 12.summarize

[Mis à jour le 3 mars 2023 à 23h06] After lyrical flights, heated debates and in general, a certain commotion that did not allow the entire pension reform bill to be examined in the National Assembly, now in the Senate the rest of the adventure begins this Thursday, March 2, 2023. If Gérard Larcher, Speaker of the House of Lords, hopes to do better than Parliament by “ending” text censorship, the task is daunting again. Granted, senators have more time to debate than Houses, but with more than 4,700 amendments filed, will the 110 hours of discussion scheduled for March 12 be enough? Calendar, raising the statutory retirement age, minimum pension, long-term employment, special plans… This summary of the pension reform plan attracted attention for a while. Pension reform should indeed be included in a future bill to amend social security financing (PLFRSS). An asset of the government and should therefore be able to benefit from unlimited recourse 49.3 as is the norm in the text on the budget. Normally, this famous 49.3 can only be used once per council session. Armed with such a device, it would be possible for the government to arrive at the famous 49.3 at various points of friction, from the postponement of the statutory retirement age to hard work, through a long career, even if a priori he should not need it, although There was some reluctance, but Republicans seemed more than willing to cooperate. On Monday 23 January, Labor Minister Olivier Dussopt wanted to emphasize one central point: the creation of the famous Employment Index for Older Persons. He said the system should allow “companies with more than 300 employees to measure their engagement in job retention and recruitment, with an obligation to advertise”. In case of non-compliance with the publication of the index, an economic sanction equal to 1% of their wage costs will be applied. Note that if a refusal to publish an index is sanctioned, it will not be sanctioned for lack of results. In other words, if a senior hire doesn’t progress in a company, the latter won’t be sanctioned for it. The project was also accompanied by an impact study that revealed some inequalities between men and women. According to the report, on average, women had to work seven months more after the reforms, while men worked five months more. Females born in 1972 had up to 9 months more than males by 4 months. Labor Minister Olivier Dusopote announced that reinstating the postponement of the legal age would be tantamount to “abandoning the financial balance of the system”. During Questions to the Government in the Senate on Wednesday 25 January, the Minister defended the text: “The reforms we are making provide protections for women, you don’t understand. Raising the de facto minimum contribution scheme makes it possible to target the most vulnerable. This is our number one priority.” To put things into perspective, here are 8 things to remember about the pension reform project: Raise the mandatory retirement age from 62 to 64 Increase the contribution period to 43 Increase the minimum pension Salary set at 85% of the minimum: Gross income 1,200 EUR New regime for long-term careers (early departure) Better consideration of hard work (extended C2P) Fight for the abolition of certain special schemes (RATP, IEG) Creation of “advanced indices”, Penalties for non-compliance The age at which discounts are canceled remains at 67. The government wants to introduce the new pension reform in 2023 to ensure the survival of France’s expensive pay-as-you-go pension system. Execution is first based on increased life expectancy. We live longer so we can work extra years. The number of retirees is growing faster than the number of workers. And this number is expected to grow steadily in the coming years. There will be 16.8 million retirees by 2020 and 23 million by 2070. A big acceleration should be felt around 2040 as the baby boomers retire. The thing is, it’s assets that pay for retirees’ pensions. As a result, the government wants to “rebalance” the pension system, which requires more funding. Since its official announcement on 10 January 2023, the Pensions Reform Project has followed a very specific legislative path. The text is likely to be included in a future Social Security Amendment Financing Act (PLFRSS). Here are the key dates to keep in mind: 23 January 2023: Report to the Council of Ministers 6 February 2023: Deliberation in the National Assembly 2 March 2023: Deliberation in the Senate 26 March 2023: Deliberation in the Senate ends September 1, 2023: Reforms take effect? After the transition from 60 to 62 in 2010 (Walter reform), Emmanuel Macron hopes to transition to 64 in advance, and the payment period will reach 43 years and 172 seasons. The 1968 generation will be the first to have to wait 64 years for their full pension. are you worriedHere are the new legal start ages, depending on your year of birth: 1961 Generation: 62 years and 3 months, 2023 1962 Generation: 62 years and 6 months, 2024 1963 Generation: 62 years and 3 months 9 months, 2025 1964: 63 years 2026 1965 63 years 3 months 2027 1966 63 years 6 months 2028 1967 63 years 9 months 2029 1968 64 years 2030″ January 23 In a report to the Council of Ministers on Monday , Labor Minister Olivier Dussopt explained that long-term careers are better considered by maintaining a certain number of devices, such as early departure systems. The government intends to make the long-term employment system more “adaptive” through pension reform, as Prime Minister Elizabeth Bohn noted in an interview with the Sunday Journal published on Saturday, February 4. The minister also announced in the interview that the long-term The career system will be extended to people who start working at 20 to 21, who “can therefore leave at 63”. Under the long-term career scheme of the current pension system, people who start working before the age of 20 can retire two years earlier, while Those who entered working life before the age of 16 can retire early. Four projected years. With the pension reform setting the statutory retirement age at 64, those who start working between the ages of 18 and 20 can retire two years earlier than the new statutory retirement age of 62. Years to retire. Someone who started working at age 17 can claim retirement at age 61, etc. Specifically, if you verified at least five quarters (43 years of contribution and 172 quarters) before age 20, you can retire at: Age 58: If you started working at age 14 Age 59: If you started working at age 15 Age 60: If you started working at age 16 Age 61: If you started working at age 17 Age 62: If you started working at age 18 to 20 Start working between the ages of 63: If you start working between the ages of 20 and 21 there is a special offer in government documents. Facing uproar from contributors to the special scheme, which has reviewed copies of it. It plans to ban new hires from the industry in question Get a special plan. In other words, the old ones will keep their special regime, but the new ones will no longer be able to use it. The restrictions are as follows: To remain attached to his special plan, the employee must have retired less than 17 years after retirement in 2020. This This is the famous “grandfather clause”. Note that for these particular plans, the increase in the statutory retirement age should have been somewhat later. The 2010 Walter reform, which raised the mandatory separation age from 60 to 62, will not take effect until 2024 In full force. Therefore, companies employing these employees may be forced to establish a period of convergence with other diets. On Monday, January 30, the Social Affairs Committee of the National Assembly recorded the disappearance of the special regime. Therefore, if the reforms come into effect, RATP, Telecom The power and gas industries, as well as the Bank of France, will cease operations. Dancers at the Paris Opera, longshoremen and French comedians will not be affected. This particular diet shouldn’t move an inch. It should be noted that, in the public service, the favorable method of calculating pensions, including according to the last six months of a career (usually the highest paid) and the best 25 years in the private sector, should be to maintain.. Jan 23 In a report to the Council of Ministers on Monday , the Public Service Minister Stanislas Guérini confirmed that the pension reform measures would be applied “symmetrically” to civil servants. “We have decided to preserve the fundamental principles of the civil service”. Executives are considering the integration of progressive retirement plans, the portability of entitlements associated with active categories, taking into account the end of active category careers, and even the integration of years spent as contract workers. Finally, as Labor Minister Olivier Dussopt announced at the same press conference on Monday 23 January, “a prevention and occupational attrition fund dedicated to public service nursing staff” will be created. The amount of the fund will amount to 1 billion euros. 40,000. That’s the number of retirees who should be able to hope for a “minimum pension” of up to 85% of the minimum wage, or just under 1,200 euros if reforms come into force in summer 2023, according to the labor minister on February 15. Ultimately, this will be “between 10,000 and 20,000 people”, corrects Olivier Dussopt in a letter to Socialist Party representative Jérôme Guedj. He did not post messages on Twitter. When the government first made its statement in its reform report on January 10, a new cold shower made it clear that all retirees would be on the lookout. Hard work is one of the government’s priorities in the 2023 pension reforms. Following that logic, the use of C2P (occupational prevention accounts) should be extended to new hires, adding more than 60,000 a year, the government said on Tuesday. The system can accumulate points for early retirement based on six hardship criteria: night work, alternating consecutive shift work, repetitive work, activities in high-pressure environments (underwater, nuclear reactor containment), extreme temperatures and even noise. Lifting heavy loads, painful postures and mechanical vibrations, the three work hardship standards that were abandoned in 2017, should not be reinstated as unions hope. Nonetheless, the employees involved will be under “intensified medical monitoring” from mid-career onwards. These same employees may adjust their positions and/or hours based on medical advice. They will also be able to benefit from additional retraining opportunities. In the most critical cases, they could end up leaving early at age 62.

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