The minimum retirement age is now set at 62, except in special cases, in all pension schemes, and for all people born after 1955.
However, you must be able to prove a minimum period of insurance to receive your full pension. This duration is not the same for everyone and evolves over the generations, in order to take into account the lengthening of life expectancy. From 40 years – i.e. 160 quarters – for the generations born before 1949, it will thus increase to 43 years – i.e. 172 quarters – for the generations born from 1973. This extension of the insurance period concerns all pension schemes, those in the private sector as well as those in the public sector.
Civil servants who occupy a job classified as active category (presenting a particular risk or exceptional fatigue) are exempt from this rule and follow a different timetable from that applicable in the other schemes.
The legal retirement age
The age from which you can apply for your pension payment depends on your date of birth. It is now set at 62 for all insured persons born from 1955, at a lower age for previous generations.
If you ask to receive your pension from the age of 62, you must provide proof of a minimum period of insurance to receive it at the full rate.
Conversely, even if you count the period of insurance required before age 62, you cannot claim retirement before reaching this age, except in special situations allowing you to benefit from one of the early retirement schemes.
Retirement at a full rate: the number of quarters required
To qualify for the full rate, the length of insurance required is the same in all plans and depends on your date of birth. It is assessed by taking into account all the quarters that you have validated in each of the schemes with which you have been affiliated during your professional life. This is referred to as the length of insurance for all plans combined.
If you do not have a sufficient number of quarters, this does not prevent you from requesting payment of your pension from the required age. But its amount will be reduced by applying a discount. This is logical since in principle you will perceive it for a longer time.
The discount rate varies according to the year of birth. It is applied for each quarter missing between the effective date of the pension and the number of quarters remaining to be validated in order to benefit from the full rate.
Full retirement age
If you retire at the full rate age, your retirement pension will be automatically calculated at the full rate (50% under the general scheme), regardless of your length of insurance. This does not mean that you will receive your pension in its entirety.
In certain supplementary schemes, for example, that of employees, your pension will be reduced in proportion to the number of quarters you miss. The age of the full rate is now set at 67 for generations born from 1955.
For the generations born before this date, it gradually rises from 65 to 67 to take into account the gradual increase in the retirement age. This increase is carried out at the same rate as that which had been adopted for the increase from 60 to 62 years of the minimum retirement age so that there is always a gap of 5 years between the two limits. of age.
All employees reach the full rate automatically when they reach the legal age increased by 5 years. By continuing their career until that date, people who entered working life late can thus escape the discount system.
Distinguish between basic and supplementary pensions
The vast majority of French retirees receive at least two different pensions which are paid thanks to the contributions paid by all active workers and their employers. The first is the basic pension paid by the general scheme for employees. The second is the supplementary pension paid by one of the many social protection organizations federated by Arrco