Early retirement at 60 for people who started working before age 20
The decree of 2 July 2012 opened retirement at 60 to people who started working before age 20 and have the contribution record required for their cohort, without the eight extra quarters previously required. It widened the quarters deemed contributed (paid unemployment, maternity). The rules apply to the general scheme, aligned schemes, the farm scheme and the State civil service.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
Concerns long-career workers who started before 20, for pensions starting on or after 1 November 2012. The scheme is financed by a rise in old-age contributions set by the same decree.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.