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Structural reformIn effectSocial benefitsNational

Early retirement before 60 for people who started working young (long careers)

Article 23 of the Pension Reform Act of 21 August 2003 creates Article L. 351-1-1 of the Social Security Code and its equivalent for craftsmen and traders: the age of 60 is lowered for insured persons who started working young and have a long, partly contributory, insurance record. Decree No. 2003-1036 of 30 October 2003 sets the conditions: retirement at 56 for those who started before 16 with the required period plus eight quarters, all contributory; at 58 with a contributory period four quarters shorter and a start before 16; at 59 for those who started before 17 with a contributory period equal to the required period. The scheme applies to pensions starting from 1 January 2004.

Measure originators

InitiatorGVT
François Fillon
Gouvernement
Impact on public finances

No official estimate found for this measure.

Effective date
1 January 2004

Measure impact

Employees, craftsmen, traders and farmers who started working at 14, 15 or 16 and have a long contributory career can retire between 56 and 59, from 1 January 2004.

Official references

Law number: Loi n° 2003-775 du 21 août 2003 (réforme des retraites), art. 23
Official Journal: JORF n° 193 du 22 août 2003
View on Légifrance

Sources

Loi n° 2003-775 du 21 août 2003 portant réforme des retraites, art. 23Official
22 August 2003
Décret n° 2003-1036 du 30 octobre 2003Official
31 October 2003

Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

100%
4 / 4 steps
Completed
1 January 2004

Administrative implementation

Application

Entrée en vigueur de la mesure et mise en œuvre par l'administration

Décret n° 2003-1036 applicable aux pensions prenant effet postérieurement au 31 décembre 2003 (art. 7 du décret).
Source
Completed
31 October 2003

Publication in Official Journal

Publication
Publication du décret n° 2003-1036 du 30 octobre 2003 relatif à l'abaissement de l'âge de la retraite pour les assurés ayant commencé à travailler jeunes et eu une longue carrière.
Source
Completed
21 August 2003

President of the Republic signature

Promulgation

Publication au Journal officiel

Promulgation de la loi n° 2003-775 du 21 août 2003 portant réforme des retraites, publiée au Journal officiel n° 193 du 22 août 2003.
Source
Completed
14 August 2003

Possible referral to Constitutional Council

Constitutional review

Décision de conformité / censure partielle

Décision du Conseil constitutionnel n° 2003-483 DC du 14 août 2003 sur la loi portant réforme des retraites.
Source