Made more accessible from the reform of 2023, this legal technique can save you several years of freedom and potentially inflate your pension.
Finish his studies at 25 after a master’s degree, chain with a first job and then climb the ladder … This fairly classic scheme today has certain drawbacks when the time comes to retire. Unlike our ancestors who have often started working young people, young workers accumulate years of higher education. Result: they discover bitterly, as the sixties approached, that they did not contribute enough to retire at 64. Between unpaid internships, years at university or school and the start of late careers, many find themselves forced to work up to 65, or even 67 years to benefit from a full -rate retirement. An unwilling perspective when we finally thought we could take advantage of his freedom.
Fortunately, an unknown solution avoids this trap. “”In France, to retire, two criteria must be met. Number 1, the age of departure currently 64 years. And number 2, having contributed at least 172 quarters, or 43 full years “explains Nicolas, financial advisor graduated from HEC Paris and followed by thousands of people on Tiktok (@nicolas_finance). The problem ? “When we do big studies, we start to work later. And therefore, we will have contributed to all our quarters later.” His solution: the repurchase of quarters.
“Concretely, we can buy quarters of our years of higher education. And that, so that they were counted in our retirement, as if we had worked. And we can buy up to 12 to the maximum, that is to say three full years.” Retirement insurance confirms it on its site, “Since the pension reform of 2023, it is possible to make this takeover of quarters for higher education at a reduced cost until December 31 of the year of its 40th anniversary”. Company internships are also concerned.
Timing is crucial to optimize this strategy. “The most interesting thing is to do so as soon as it leaves higher education. Because normally, with age, our salary only increases. So, it is during the period of our life when we will have the lowest salary”underlines the expert. Indeed, the cost of redemption depends on your income from the last 12 months and your age at the time of demand. Another significant tax advantage: the sums paid are deductible from your taxable income, thereby reducing the real cost of the operation. To be eligible, you must have validated at least one quarter in the general regime and make your request before 40 years!
