The Limited Times

Pensions: more than 3 billion euros in surplus in 2022, but return to short-term deficit, according to a report

9/12/2022, 1:20:57 PM


The overall balance of French pension plans should however “deteriorate significantly” from 2023. The pension system posted a surplus of 900 million euros in 2021, for the first time since the 2008 crisis, and should still show a surplus of 3.2 billion this year, according to the annual report of the Orientation Council pensions (COR) of which AFP obtained a copy on Monday. To discover OUR FILE - Elizabeth II, a rock and a symbol for England Back in the green thanks to " the strong recovery

The pension system posted a surplus of 900 million euros in 2021, for the first time since the 2008 crisis, and should still show a surplus of 3.2 billion this year, according to the annual report of the Orientation Council pensions (COR) of which AFP obtained a copy on Monday.

To discover

  • OUR FILE - Elizabeth II, a rock and a symbol for England

Back in the green thanks to "

the strong recovery in growth

" last year, the overall balance of French pension schemes should however "

degrade significantly

" from 2023, and its return to balance is still projected "

towards mid-2030s

” in the best of scenarios.