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The first round of parliamentary elections will be held in three days. Three poles are fighting for the majority in this election. The National Assembly (RN), the New People’s Front (NFP) and, to a lesser extent, the presidential alliance, Ensemble, are considered favorites.
In the event that the NFP or the RN reach Matignon, they could decide to scrap the last pension reform. Finally, this is certain in the case of NFP, while there are still gray areas for RN.
The abolition of this reform raises questions about the re-establishment of certain special regimes.
Whether it is the New People’s Front or the National Gathering, the two parties agree on the idea of reviewing the current regulations regarding pensions. Immediately for the first, and probably later for the second.
While the legal retirement age was raised to 64 by the recent reform, the RN and NFP want to overturn this decision and therefore return to the legal age of 62.
However, the pension reform that entered into force in September 2023 is not limited to extending the legal retirement age, but also saw the abolition of several special programs for future retirees, especially the RATP.
Thus, from September 1, 2023, new workers in these companies contribute to the National Old Age Insurance Fund (Cnav), and not to the funds associated with their structures.
By canceling the last pension reform in the event of the National Assembly or the New People’s Front coming to power, this would mean that the rehabilitation of these special regimes could be carried out.
Moreover, “the pension funds of those former special regimes still exist because they have to pay pensions to those who benefit from the status for a very long time,” an expert on this topic explains to Capital.
Bring back special diets, yes, but at what cost?
However, even if this seems technically feasible, the reintroduction of special regimes seems unlikely. “Politically, if there was any measure that was popular in public opinion, even on the left, it was the abolition of special regimes.
If RN comes to power, it will not return to it. if it is New People’s Frontit’s not even safe,” assesses the expert interviewed by Capital.
In addition, the return of special diets means additional costs. According to a report by the Pension Steering Council, the costs of early departures in special schemes amounted to around €8 billion per year, which gives us a general idea of what these schemes represent state finances.
At the European level, such a maneuver would “send a very negative signal to our European partners and markets,” said judge Pierre-Edouard Ducray, scientific associate at the Sauvegardes Retraites association.
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