the federal government nonetheless making an attempt to empty the “money” of Agirc-Arrco | EUROtoday

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Catherine Vautrin during a question session with the government at the National Assembly, March 19, 2024.

The authorities is as soon as once more placing on the desk a file that angers the social companions. In very current exchanges with Medef, the Minister of Labor, Catherine Vautrin, indicated that the chief nonetheless intends to contribute to Agirc-Arrco, the supplementary non-public pension fund co-managed, on an equal foundation, by employers and unions. For the second, it’s only a easy booster shot, with the federal government seemingly eager to discover a resolution by means of dialogue. But the truth that this mission, briefly put apart throughout the fall of 2023, is relaunched dangers inflicting, as soon as once more, turbulence, with employer and worker organizations being essentially hostile to it.

The authorities's reasoning stays the identical as that it held six months in the past. The pension reform of April 14, 2023, by shifting the authorized retirement age, makes it attainable to realize financial savings which might attain 6.2 billion euros in 2026 and nearly 14 billion euros in 2030, throughout your complete our pay-as-you-go system. Part of those “gains” issues Agirc-Arrco (to the tune of 1.2 billion euros in 2026 and three.1 billion euros in 2030, in line with State figures). The govt considers that it has a say in using this windfall, since it’s due to it that it exists – at the price of very unpopular selections. The strategy appears all of the extra justified to him because the non-public supplementary pension scheme is in surplus and has ample reserves (78.5 billion euros on the finish of 2023).

Read additionally: Article reserved for our subscribers Supplementary pensions: the chief is eyeing as much as 3 billion euros from the Agirc-Arrco “money”

It relies on this logic that the federal government requested the participation of Agirc-Arrco, shortly earlier than the beginning of debates on the Social Security financing invoice, throughout the fall of 2023. The social companions had been against it on the time.

Transfer to the overall regime

But they’d carried out a lot worse, from the viewpoint of these in energy: on October 5, 2023, Medef and all of the unions had concluded an settlement offering for a rise in supplementary pensions by 4.9%. A selection which had enraged the Elysée, Matignon and lots of elected representatives of the bulk as a result of it results in extra spending which cuts into the financial savings induced by the pension reform. Patrick Martin, the president of Medef, had suffered reprimands from Elisabeth Borne, then prime minister, but in addition from Emmanuel Macron. ” Wake up ! »exclaimed the President of the Republic on November 21, 2023, in entrance of enterprise leaders and employer officers – together with Mr. Martin –, earlier than including: “We have public funds which don’t give me the sensation that we may give up the hassle. » A sting which primarily focused the primary at Medef.

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