Reform of the retirement system
Follow them latest news live from debates and social movements around the government’s pension reform project on “20 Minutes”. Prime Minister Elisabeth Borne detailed the main measures of the flagship five-year reform on January 10. The government aims to apply it from summer 2023, starting with those born after June 1961.
Following the use of 49.3 by the Prime Minister on March 16 and the rejection of the motion of censure in the Assembly on March 20, the text was definitively adopted by Parliament.
Among the measures announced by Elisabeth Borne on this pension reform project we find:
- A legal retirement age which should reach 64 by 2030.
- A contribution period of 43 years for a full-rate pension by 2027.
- The extinction of special schemes which will henceforth be affiliated to the general retirement scheme.
- A system that will have to adapt for long careers.
- A minimum retirement pension increased to 85% of the minimum wage, or around 1,200 euros per month.
According to the government, these measures are being carried out with the aim of achieving balance in the pension system by 2030.
