Legislative: what do they propose for our pensions? – Public sense

Legislative: what do they propose for our pensions? – Public sense
Legislative: what do they propose for our pensions? – Public sense

A year after its adoption, pension reform is at the heart of political disputes. Depending on its setbacks, the National Rally is clarifying its vision a little more each day. The nationalist party proposes to return this fall, on the occasion of the “time of reforms” desired by Jordan Bardella, to the reform promulgated on April 14, 2023. He wants to restore the legal retirement age to 62 and allow those who started working before the age of 20 to leave at 60 with 40 annuities. On the left, the Popular Front has made it its mantra. In his program, he indicates that he wants to “immediately repeal the decrees implementing the reform”. Contrary to the wishes of the current government, the left-wing coalition claims to have the “right to retire at 60” as a “common objective”. According to the annual report of the Pension Orientation Council (COR), the reform in force is already obsolete. From this year, the system will be in the red with a “hole” of 5.8 billion euros. In 2030, it could reach 14 billion euros. According to the organization, the deficit will continue to widen until 2070. The fall in the birth rate that France is experiencing will in no way help the situation. The President of the Republic defends his reform, the others want to repeal it, but is this possible given the state of public finances? We debate it with Éric Delannoy, economist and founding president of Tenzing Conseil, Anne Lavigne, professor of economics at the University of Orléans and member of the Retirement Monitoring Committee, and Rémi Bourguignon, professor at the University of Paris-Est Créteil, director of the Chair of Transformation and Regulation of Work Relations.

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