Pension reserve used up faster than previously expected
A few weeks before the start of the debate about the future of the pension system, the Inspection Générale de la Sécurité Sociale (IGSS) presented the MPs of the responsible chamber commission new figures on the current situation of the pensions on Wednesday. This is darker than previously expected.
Renton debate starts the second round on Wednesday
Previous calculations assumed that there will be a deficit in pension payments from 2028 and thus triggered a semi -automatic adjustment mechanism. The new assumption, which is based on figures from 2024, assumes that this threshold will probably be reached in the coming year.
The financial reserve also reaches the critical point of 1.5 times the annual pension payments faster. If the IGSS assumed last October that it was time in 2041, this scenario will probably arrive two years earlier. If the early intervention fails, the pension reserves are already exhausted by 2045 and not, as announced in October, only in 2048.
The overall problem of financing remains up to date. The number of pension recipients of currently 200,000 will be doubled over the next 25 years. In contrast, 500,000 employees currently pay the pension system.
