
- The legal retirement age will be kept at 62.
- All 42 retirement regimes will be phased into one single system.
- The new single system will use points. This means that all pensioners, whether they worked in the private or public sector, will get the same retirement benefits for each euro paid.
- Exceptions will be made for pensioners who work in specific sectors. For example, some employees who work in physically demanding jobs will still retain their right to retire before the legal retirement age. Independent workers will also have specific pension contribution plans.
- For public sector employees, bonuses will be taken into account in their retirement benefits.
- Compensation points will be given for periods of unemployment such as illness, maternity and unemployment.
- Points will be given from the first child instead of from the third child as it is the case today.
Member comments