Preparing for retirement is no easy task. And it could even become a headache if the Borne reform of 2023 is suspended. A hypothesis put forward by the former Prime Ministernow resigned Minister of National Education, to prevent any parliamentary blockage and allow the adoption of a Budget for 2026. A finance bill which must be submitted no later than this Monday, October 13 with a view to its adoption by the end of the year, insisted the president of the Court of AuditorsPierre Moscovici, this Friday October 10.
If the suspension of the pension reform is indeed retained by the executive, it would then change the situation for candidates for departure. As a reminder, this reform gradually pushes back (by one quarter per year) the legal retirement age, from 62 to 64 years, since September 1, 2023. On this date, the limit thus rose to 62 years and three months, and has since climbed by one quarter each year. So, “this age is set at 62 years and nine months for workers born in 1963 who want to liquidate their pension in 2025”specified to Capital Valérie Batigne, founder and president of the specialized firm Sapiendo retirement, before the launch of the pensions conclavelast February.
A legal departure age of 62 years and nine months, or 63 years
It is moreover this age of 62 years and nine months which could prevail, suggested Elisabeth Borne, Thursday October 9 on BFMTV : “I hear the CFDT saying to freeze the retirement age shift until 2027”explained the ex-tenant of Matignon. However, currently, it is this limit of 62 years and nine months which applies to workers born in 1963, and who can liquidate their retirement since October 1, 2025. Another possibility: freeze the legal retirement age at 63, i.e. the threshold in force for the 1964 generation. solution studied by the Court of Auditors in a report presented on February 20, and which would cost the pension system no less than 5.8 billion euros in 2035. “I think that it is this starting age of 63 which will be retained in the event of suspension of the reform”predicts Valérie Batigne.
As for the duration of insurance required, that is to say the number of quarters of career to be validated to qualify for full rate retirement (without discount)it is supposed to reach 172 quarters for the generation born in 1965 and the following. Currently, for people born in 1963, it is 170 quarters, and it must increase to 171 quarters for the 1964 generation. What will be the limit chosen: 170 quarters, 171 or 172? According to Valérie Batigne, this parameter should not be modified, “to limit the financial cost of suspending the reform. And then, 172 quarters, it’s a round count, it’s more practical”she explains. Especially since with a legal starting age of 63, contributing 172 quarters – or 43 years – will require having started working at the age of 20 to leave with the full rate.
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