Government Consideration of Surplus Drain from Agirc-Arrco Pension Scheme: Essential Updates and Implications

2024-04-03 12:13:00

the essential According to our colleagues at Monde and of l’Opinionthe government has not abandoned the idea of ​​taking part of the surpluses from Agirc-Arrco, the supplementary pension scheme for private sector employees.

The government is doing everything it can to reduce the state budget deficit. While it seeks to achieve 50 billion euros in savings by 2027, the idea of ​​draining Agirc-Arrco’s budgetary surpluses is making a comeback, indicates our colleagues from Monde and of L’Opinion. The question, asked then dismissed last fall, provoked the anger of the social partners, managers of the pension fund for private sector employees, and that of part of the parliamentary opposition.

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“It’s unbearable”

This one does not budge. “Today, the government is facing the wall. It refuses to tighten its belt, so it tightens it on others. It’s unbearable, I remind you that the money from Agirc-Arrco does not belong to the “State is that of employees and retirees”, says Senator LR Pascale Gruny, rapporteur for the old age branch of the Social Security budget, questioned by Public Senate.

At the heart of the debate: pension reform and the increase in the retirement age, which should bring in up to 6 billion euros to Agirc-Arrco by 2030. “We consider it legitimate that this share of surpluses linked to the reform can be mobilized to participate in the financing of a solidarity system” declared Olivier Dussopt, the former Minister of Labor, in October 2023. This drain, always wanted by the government, must be used to finance the revaluation of small pensions, provided for by the pension reform.

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