A bonus to push senior employees to “Stay at work”. Monday, June 16, François Bayrou created the surprise by proposing the creation of a new mechanism allowing workers who can retire but who continue their activity as perceive “Part of their retirement in addition to their salary”. Objective of the Prime Minister: convince the French to work longer that the legal retirement age, currently set at 62 years and 9 months for the 1963 generation and which must gradually reach 64 years for people born from 1968.
Happy coincidence of the calendar, this idea was introduced by the Prime Minister a few hours from the last conclave meeting on pensions between unions and employers, within the framework of which the social partners are responsible for “improving” the last reform of 2023. And only a few days after the presentation of the annual report of the pension orientation board (COR), which estimates that The average age of departure should reach 66.5 years By 2070 for the system to be balanced. And It is the financial balance of the system that François Bayrou aims. “There is a bonus and at the same time savings since we do not pay retirement”he justifies.
An objective that is not new since it is this same financial balance that has been put forward to justify the latest pension reforms and the successive increases in theLegal retirement age. Just like the concept of “working more (long) to earn more”, spending more time in activity to increase your retirement. Three mechanisms already coexist to financially encourage the French to repel their departure.
Overput, accumulation of employment-retirement and gradual retirement
First option: the overflow. “When you work a year beyond the legal age, with every quarter necessary for a Full rate retirementyou enjoy a boost of 5% for basic retirement ”defines Valérie Batigne, founder and president of the specialized firm Sapiendo Retraite. Each quarter worked once the full rate is reached, so you touch 1.25% of overrun. And if this mechanism does not exist for complementary retirement, “You touch the equivalent of one year of more points for your pension”completes the expert.
Another possibility: the Common employment-retirement. The principle? “You retire and then get a job. So you touch these two income ”explains Valérie Batigne. Note that the cumulative can be integral or capped, the first case allowing you to acquire new rights. “When you stop your activity, you are calculated a second retirement”adds the leader of Sapiendo. Thus, not only do you increase your income thanks to the accumulation of employment-retirement during your second period of work, but you are a pension supplement once your working life behind you.
Last mechanism at your disposal: the gradual retirement. “It is a question of setting up a part -time time associated with the perception of part of your pension”details Valérie Batigne. Unlike the accumulation of employment-retirement, this lever must be activated before the liquidation of your retirement, From the age of 60 from September 1, 2025and is conditioned on the agreement of your employer. However, you continue to contribute for your upcoming retirement.
“From a collective point of view, the premium is a very virtuous mechanism”
The premium mentioned by François Bayrou, who aims like other devices to keep the French longer in employment, “Can therefore be considered as a Complete and gradual retirement mixtureValérie Batigne analysis. As with these two mechanisms, the worker is led to postpone his retirement ”. And in the same way, a financial carrot is proposed. “The idea is to encourage the French to work longer. Not only do they continue to work and do not punctuate the retirement system, but in addition, they still contribute for the system. From a collective point of view, it is very virtuous. But be careful to calibrate the carrot well, as it can be expensive ”warns the expert, for whom “Nothing is more effective to push the starting age and increase the number of quarters»» to ensure the balance of our pension system.
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