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The supplementary pension will increase by 5.12% from November 1

For the Agirc-Arrco scheme, this increase in pensions represents a further expenditure of 4.5 billion. Richard Villon / inventory.adobe.com

This revaluation of Agirc-Arrco pensions issues 13.2 million personal pensioners.

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After a 4% increase in fundamental pension in September, it’s time for supplementary pensions for personal sector staff to be revised upwards. The social companions, the managers of the Agirc-Arrco scheme, determined virtually unanimously on Thursday that on November 1 the pension will increase by 5.12%. For governance, this represents a further value of 4.5 billion euros. For the 13.2 million personal pensioners, that is excellent news as a result of the Agirc-Arrco supplementary pensions characterize between 30 and 60% of their complete pension quantity.

The social companions base their selections on prudent financial assumptions whereas respecting the golden rule, which incorporates all the time having reserves to pay at the very least six months of pensions over a 15-year horizon.“, Didier Weckner, the consultant of employers, president of Agirc-Arrco, indicated to justify this determine. “Pension revaluation can’t be larger than wages as a result of in a pay-as-you-go system it’s working individuals who pay pensions to retirees.“, indicated Brigitte Pisa, vice-president of Agirc-Arcco, which represents staff.

This revaluation corresponds to the utmost increase that the plan can obtain by respecting the calculation guidelines set by its contract. “This worth is considerably larger than the earlier 12 months (1%) and was utilized to the fundamental pension scheme final summer time. Welcome to Force Overiere. A decrease revaluation wouldn’t be acceptable on account of excellent well being of plan reserves and buying energy drawback

But, past the revaluation of pensions, social companions have been harm by the federal government’s resolution, included within the Social Security Financing Bill (PLFSS), to switch the restoration contributions by Agirc-Arrco to Ursaf subsequent January 1. They already plan to desk six amendments calling for the repeal of the measure.

“If the intention is to deprive personal pensioners of their reserves, that is unacceptable. Who could be keen to remove their checking account, in order that we can provide it to another person? »

Didier Weckner, president of Agirc-Arrco

The authorities justifies the reform, which is deliberate for 2022 and has already been postponed because of the well being disaster, as the necessity to save administration prices and simplify procedures. False justification, for unions as for employers, who’ve risen and united – for as soon as – in the identical opposition. Politically, the choice appears absurd to them, worse they believe that the federal government needs to grab the reserves of the Agirc-Arcco plan to cowl the shortfall of the pension system. Technically, they put ahead an actual threat of execution, guaranteeing that switch circumstances aren’t met three months from the deadline.

This conflict machine should be stopped. It could be disastrous, the corporate doesn’t need it. The possession of our wealth is meaningless, Brigitte Pisa Hammer. Isn’t this a pension reform that will not inform its identify? This is a giant hazard for correct due hyperlinks ” “If this isn’t disguised reform, what’s?», confirmed Didier Weckner. “No financial savings required to deduct contribution. If the intention is to deprive personal pensioners of their reserves, that is unacceptable. Who could be keen to remove their checking account, in order that we can provide it to another person? We actually would not put all of the contributions into a giant washer, which would not be attainable to know who else paid for what. When you grant rights, you should have the contribution that goes with it.“, concluded the president of Agirc-Arrco.

See extra – Pension reform: “We’ve been beating across the bush for five years”

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