How much is the pension deficit in France, and how will it evolve? While the social partners were invited by the Prime Minister to work on the Borne law of 2023, and to reform it if they reach an agreement “agreement of balance and better justice”, including returning to the postponement of the starting age to 64, Bayrou himself seems hesitant about the state of affairs.
In his general policy speech on Tuesday, the Prime Minister mentioned a “imbalance in the financing of our pension system”pointing the finger at the approximately 50 billion in additional contributions that the State pays each year to balance the pensions of its agents. An automatic compensation mechanism, enshrined in law, but which Bayrou considers, in some way, as a deficit “concealed”.
The next day, his position is completely different. In a letter to the social partners inviting them to this consultation, the Prime Minister no longer mentions this 50 billion deficit, but conditions the conclusion of a possible agreement on“financial balance”. Further in his letter, he even mentions a “financial balance maintained”. Does he consider, this time, that the Borne reform of 2023 has resulted in a “balance
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