5 Minute News

Reduction of actuarial pension deduction for those retiring at 63

September 3, 2026

The government's proposal for retirement includes reducing the actuarial deduction from 12% to 7.5% for those retiring at 63. This reduction will only apply to the basic part of the pension. It's estimated that around 80,000 individuals will be affected by this regulation over the next five years. The reform includes pension increases of up to 60% and the possibility of additional contributions from the state for specific groups of citizens. Social partners requested more details regarding the costs and funding sources of the reform.