The pension reform bill will be presented after the municipal elections

0
8


1. Am I concerned by the reform?
Are you currently retired?
Retirement pensions and survivors' pensions paid today are not affected by the forthcoming reform. It is planned to convert the rights of current pensioners into points in the future system "to the euro", according to a method that remains to be specified.

The government has also considered a time to present savings measures on the current pension system in the Social Security Financing Bill (PLFSS) for 2020, but this track has been removed for the time being.

Unless the government turns around, your situation will not change. If you still want to know more about this project, you will find all our explanations in this article:

The challenges of the "universal" pension system promised by Emmanuel Macron

You have planned to retire …

Those who are less than five years away from retirement are not affected by the future reform, which would come into force at the beginning of 2025. It is planned to convert the rights of acquired assets before this exchange into the future system "à l'euro". "according to a method that remains to be specified.

Unless the government turns around, you can retire according to the current rules. If you still want to know more about this project, you will find all our explanations in this article:

The challenges of the "universal" pension system promised by Emmanuel Macron

The transition from the current system to the new system must be gradual over a period of about fifteen years. People who will retire from 2025 should be concerned by the reform, according to modalities that remain to be specified.

We can not tell you for the moment how the new rules will apply to your case: totally or partially. However, we invite you to continue reading this article to understand the mechanisms of the project, which should at least partly apply to your situation.

The transition to the future universal pension plan must take place over a period of approximately fifteen years, starting in 2025.

After retiring after this exchange, you will be concerned (e).

2. What will the reform change in calculating my retirement?
You are currently contributing …


The current situation

There are now more than 42 pension plans, each of which has specificities. In the current system, a reference wage is generally used as the basis for calculating the retirement pension. For the general scheme that concerns you, this is your average salary over the best twenty-five years, but this is not the case for everyone.

Those who have reached the legal retirement age (currently 62) and who have contributed long enough (between 160 and 172 quarters depending on the year of birth) can claim a "full rate" pension. Those who have not validated enough quarters at age 62 can choose:

  • To leave while still retiring while receiving a reduced pension
  • Waiting for 67, the age at which any asset is entitled to full-rate retirement, even without its quota of quarters

What the reform provides for

Behind these principles, the current system is complicated by the existence of many rules that depend on pension plans. The idea of ​​the government is therefore to create a single, so-called "universal" system and to apply the same rule to all, hence the formula: "one euro contributed gives the same rights".

In this new logic, each citizen feeds throughout his career a form of virtual account throughout his career, not just over a defined period. When you retire, the accrued entitlements, or "points", are converted into a pension. This formula is supposed to make the system more readable, allowing everyone to simply follow the amount of their contributions throughout their career. It will always be a "split" system, because it will always be the contributions of the assets that will finance the pensions of the retirees.

Let us take the fictional example of Delphine and her daughter Eleanor, a mother and daughter who both would have spent half their career as an employee, and the other as self-employed. Where Delphine, who retired in 2018, had contributed to two different pension funds and receives two separate pensions, Eléonore, who would retire in 2050, would receive a single pension calculated over her entire career. Unlike her mother, she will have contributed to the new single plan.

Example: Delphine worked 20 years at € 2,000 per month as an employee and 20 years at € 2,000 per month as an independent. She decides to retire in 2018 at age 62, and receives two pensions: € 750 per month from the general plan + € 750 from the self-employed plan. Eleanor worked the same way, except that she retired in 2050: she received only one pension of € 1,500 a month.

The current situation

There are now 42 pension plans, each of which has specificities. In the current system, a reference wage is generally used as the basis for calculating the retirement pension. For the general scheme, this is the average salary over the best twenty-five years, but this is not the case for everyone.

From there, those who have reached the legal retirement age (currently 62) and who have contributed long enough (between 160 and 172 quarters depending on the year of birth) can claim a pension "at a rate full ". Those who have not validated enough quarters at age 62 can choose:

  • To leave when you retire while receiving a reduced pension;
  • Wait 67, the age at which any asset is entitled to full-rate retirement, even without its quota of quarters.

What the reform provides for

Behind these principles, the current system is complicated by the existence of many rules that depend on pension plans. The idea of ​​the government is therefore to create a single, so-called "universal" system and to apply the same rule to all, hence the formula: "one euro contributed gives the same rights".

In this new logic, each citizen feeds throughout his career a form of virtual account throughout his career, not just over a defined period. When you retire, the accrued entitlements, or "points", are converted into a pension. This formula is supposed to make the system more readable, allowing everyone to simply follow the amount of their contributions throughout their career. It will always be a "split" system, because it will always be the contributions of the assets that will finance the pensions of the retirees.

Let us take the fictional example of Delphine and her daughter Eleanor, a mother and daughter who both would have spent half their career as an employee, and the other as self-employed. Where Delphine, who retired in 2018, had contributed to two different pension funds and receives two separate pensions, Eléonore, who would retire in 2050, would receive a single pension calculated over her entire career. Unlike her mother, she will have contributed to the new single plan.

Example: Delphine worked 20 years at € 2,000 per month as an employee and 20 years at € 2,000 per month as an independent. She decides to retire in 2018 at age 62, and receives two pensions: € 750 per month from the general plan + € 750 from the self-employed plan. Eleanor worked the same way, except that she retired in 2050: she received only one pension of € 1,500 a month.

The current situation

There are now 42 pension plans, each of which has specificities. In the current system, a reference wage is generally used as the basis for calculating the retirement pension. For the general scheme, this is the average salary of the person over the last 25 years, but this is not the case for everyone.

Those who have reached the legal retirement age (currently 62) and who have contributed long enough (between 160 and 172 quarters depending on the year of birth) can claim a "full rate" pension. Those who have not validated enough quarters at age 62 can choose:

  • To leave while still retiring while receiving a reduced pension
  • Waiting for 67, the age at which any asset is entitled to full-rate retirement, even without its quota of quarters

What the reform provides for

Behind these principles, the current system is complicated by the existence of many rules that depend on pension plans. The idea of ​​the government is therefore to create a single, so-called "universal" system and to apply the same rule to all, hence the formula: "one euro contributed gives the same rights".

In this new logic, each citizen feeds throughout his career a form of virtual account throughout his career, not just over a defined period. When you retire, the accrued entitlements, or "points", are converted into a pension. This formula is supposed to make the system more readable, allowing everyone to simply follow the amount of their contributions throughout their career. It will always be a "split" system, because it will always be the contributions of the assets that will finance the pensions of the retirees.

Take the theoretical example of Stéphane and Camille, two employees of a company who retire in 2050. Both are the same age, 66 years, occupy the same position, and have the same salary for several years. But Stéphane started to work younger than Camille. That's why, on his virtual account, his total contributions are 10% higher than those of his colleague. Result: while Camille will receive a pension of 1,500 euros per month, that of Stéphane will amount to 1,650 euros (10% more).
Example: Stéphane worked 40 years at € 2,000 per month. He decides to retire in 2050 at age 66, and will receive a pension of € 1,650 per month. Camille worked for 36 years at € 2,000 a month: she will receive a pension of € 1,500 per month.

3. Will I be able to retire at age 62?
You were born in …

Yes, you can in principle retire from age 62 as is the case today, since Emmanuel Macron has promised not to lower the retirement age. Jean-Paul Delevoye also proposes that the universal system applies as soon as possible to people born in 1963, but this point remains subject to consultation.
Yes, you can retire at age 62, as is the case today, Emmanuel Macron having promised not to lower the legal age of retirement. It remains to be seen with what level of pension. Indeed, Jean-Paul Delevoye proposes to include in the system another reference: the "age of equilibrium". The pension of those who would retire between 62 and this age would be discouraged, while those who left after would benefit from a surtax. The age of equilibrium would be set at 64 for the assets born in 1963 and would evolve thereafter according to life expectancy. It could be 65.4 years for the generation born in 1980 and 66.25 years for the generation born in 1990.

This system therefore encourages retirement at a later date, since working a few more years would significantly increase the amount of his retirement pension. But those who wish could still leave at age 64, with a guaranteed minimum retirement at 85% of net smic for a full career.

Take the example of a fictional employee, Pierre, who has contributed throughout his career on a salary equal to 1.5 times the minimum wage. According to the High Commission's projections, Pierre's pension with equal contributions would be € 1,237 per month if he stopped working at age 62, compared with € 1,375 for age 64 and € 1,512 for 66 years old.

4. What could change in the calculation of my retirement?

Check one or more of the following for your situation:











You are married)

Reversionary pensions, which directly affect married couples, are one of the sensitive issues of reform. With this mechanism, when one of the spouses dies, a fraction of their retirement pension can continue to be paid to the survivor, under certain conditions (and even if not retired, in some cases).

As with retirement pensions, survivor pensions are governed by rules that vary from one plan to another. The proposed reform plans to overhaul this system in the context of the future universal system (nothing will change for those who receive a survivor's pension today).

? What is envisaged guaranteeing the surviving spouse a standard of living "equal to 70% of the total pensions received by the couple", according to the High Commission for Reform. In addition, the new system provides for reserving survivor's pensions to the surviving spouse when the couple was married – spouses who are cohabiting or cohabiting would therefore not be affected.

You have one or more children

? What is envisaged : assign a 5% mark-up from the first child and for each child. These points could be shared between the parents, and attributed by default to the mother. In addition, points of solidarity would be granted for periods of maternity leave to replace the contributions related to the activity.

You have contributed to several pension plans

This is one of the benefits of the reform, according to the government. By merging all pension schemes, the future universal system should simplify things for those who are affected by several different regimes. Emmanuel Macron has indeed promised that it would be possible to consult in one place all of his rights.

However, despite the desire to formulate a universal calculation rule, it will be necessary for it to take into account many specific situations. The final system could therefore be more complex than originally announced.

? What we do not know : at what time and in what manner contributions to the different plans will be grouped into one.

You do one or more of the following activities: entrepreneurship, self-employment, part-time work, short-term contracts …

The government regularly highlights the complexification (or diversification) of pathways, with the emergence of entrepreneurship or self-employment, to legitimize its pension reform. Here again, bringing together all the schemes into one would, according to Emmanuel Macron, simplify things for the people concerned.

? What we do not know : how will these different special cases be taken into account and harmonized?

You are or have been unemployed

? What we do not know : with the possible disappearance of the concept of full pension, taking into account periods of inactivity becomes an even more important issue than today. The proposed reform provides for points of solidarity in this case, which would replace the contributions linked to the activity.

You have a disability

There are different ways to take disability into account when calculating retirement according to plans. By unifying existing regimes, the government intends, again, to simplify things. But it also raises concerns about a possible race to the bottom.

? What we do not know : what will be the accepted methods of taking into account?

You are or have been in one or more of the following situations: apprenticeship, work-study, long-term studies, internship …

The lengthening of the duration of studies and periods of training, apprenticeship and alternation in recent decades has reduced the age of entry into the labor market. The government wants to take this phenomenon into account in its reform.

? What we do not know : how contributions will be calculated and whether they will be subject to contributions that will be deducted from the allowances of trainees, apprentices, etc.

You are self-employed

The case of the self-employed is separate, in the sense that they previously contributed to different plates and rates. Depending on your specific activity and your level of income, you probably contribute less today than employees in the private sector, with equal incomes.

? What is envisaged to allow the self-employed to contribute on a "gross" basis that approximates that of the employees. They would therefore pay less CSG. Moreover, they would benefit from a lower contribution rate (12.94% against 28.12% for employees) on their income bracket of 40,000 to 120,000 euros per year.

You are working or have had a job whose hardship is recognized

? What is envisaged to allow workers in jobs considered to be difficult to acquire up to two years of early retirement, including for public employees and those in special schemes. The military and the police will also be able to claim their rights in advance.

You are a civil servant

? What is envisaged :

the officials you are part of have a lot to lose in the future pension reform.

Today, the amount of pensions is calculated on the last level of remuneration received for at least six months (the index treatment, which does not count the premiums, to be precise). This method of calculation is more favorable than that used for private employees, which retains the average of the best twenty-five years.

It should logically disappear in the future universal system, in the name of the rule of "one euro contributed gives the same rights". Hence fears for the workers concerned. On the other hand, the future reform should take into account all the bonuses of civil servants in the calculation of pension entitlements, where only a small part was so far.



Source link
https://www.lemonde.fr/politique/article/2019/08/30/le-projet-de-loi-de-reforme-des-retraites-sera-presente-apres-les-municipales_5504426_823448.html

LEAVE A REPLY

Please enter your comment!
Please enter your name here

15 + 15 =