Executives very favorable to the purchase of years of study by their companies, indicates a survey

Additional years in retirement capital. More than eight out of ten executives say they are in favor of buying back their years of study by their companies, to benefit from additional quarters of contributions for their retirement, according to a Viavoice study for the CGT executives published Monday. The survey was carried out as the 2023 pension reform, which raised the legal retirement age to 64, is gradually coming into force, as is the so-called Touraine reform (2014) which requires working for 43 years to have a full pension, for all those born in 1973 and after. These measures take executives a little further away from retirement, taking into account the years of study, even if they can buy back up to twelve terms of higher education.

In fact, given the expensive cost of these quarters, “very few years are redeemed. It's numbered in the thousands.”according to Agathe Le Berder, deputy general secretary of Ugict-CGT, which represents engineers, executives and technicians. If the process seems to be of interest, it is to “companies financing the redemption of study years” for 84% of executives surveyed, according to the Viavoice survey. “At no time do companies pay for this wealth of qualifications with which employees arrive”notes Agathe Le Berder. In addition, the Ugict-CGT demands “a guaranteed right for employees to progressive retirement”noting that 83% of respondents want it. Tied with the proposal of“a transition to part-time without loss of salary and pension contributions” for the end of their career.

The employment of seniors is currently being discussed between social partners. A draft agreement, submitted this week by employers, proposes that the employment of seniors becomes a compulsory subject of negotiation every four years in the branches and every three years in companies with more than 300 employees. It also provides access to progressive retirement from the age of 60. The Viavoice survey was conducted using online interviews from September 9 to 20, 2024, with a sample of 1,000 people, representative of the population of executives in mainland France, using the quota method.