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Pensions: Assembly adopts financial “golden rule” for future system

2020-03-04T23:09:34.950Z



The National Assembly voted Wednesday evening the principle of a "golden rule" on the financial balance of the future "universal" pension system, during the examination of the second part of the reform, a "lead rule In the eyes of the left of the left.

Read also: Pension reform: our file to understand everything

Voted by 77 votes to 21, article 1 of this organic bill aims to set a multi-year trajectory of financial balance in five-year increments. "It is a guarantee of stability but also of forecast and sustainability," said LREM member Perrine Goulet in the hemicycle. A deficit can be tolerated over one, two or three years, but must be smoothed out to ensure a balance over five years. In cumulative, it cannot be higher than 3% of the amount of the receipts.

This percentage is not a "wet finger figure" , but the "highest debt ratio we had at the time of the 2008 crisis" , of "10 billion euros" , for the fund national health insurance, specifies an elected LREM.

Read also: Pensions: motions of censure rejected by the Assembly, the reform project adopted

On the left, communists and rebellious denounced a "lead rule" and an "austerity" measure, likely to lower pensions according to them.

The golden rule is "the rule for the little ones, gold for the others" , launched the communist Sébastien Jumel. The socialist Boris Vallaud criticized the majority for "giving lessons in budgetary virtue through this golden rule while the reform is not funded " and "that the funding conference is underway".

On the right, Eric Woerth (LR) judges that the “golden rules bind only those who believe in it” and his colleague Marc Le Fur asked for “additional guarantees”. For RN Sébastien Chenu, this article 1 reveals "the deep meaning" of the reform, "a budgetary reform" , he denounces.

Conversely, the walker Marie-Christine Verdier-Jouclas considers that the golden rule is "common sense" , to "thwart fears" . A balance every five years will make it possible “to take account of economic vagaries,” she underlines.

As in the ordinary section, this organic bill indicates that the value of the point - the fundamental unit of account of the future system - will not "fall" and will be "at least indexed to inflation" before moving towards the new indicator of “Per capita income from work” , assured the LREM rapporteur Cendra Motin.

Source: lefigaro

All news articles on 2020-03-04

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