Federations reject cuts to pension scheme

France

The CGT, FO and FSU public service federations have rejected government proposals to cut pension entitlement for public sector workers. The workers affected are public employees who don’t have civil service status and who are covered by the IRCANTEC pension scheme. The government wants to reduce the IRCANTEC pension in terms of the level of salary it replaces from 75% to 67.3%. The unions argue that it is possible to maintain the replacement rate at 75% particularly if the government increases the employers’ contribution which is currently much lower than it is for civil servants who are covered by a separate scheme.
Read more at > UGFF-CGT (FR)
And at > FO-Fonctionnaires (FR)

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