French pension reform minister , said her advice is powerful , over several years, at least enough to tide system, even if economic growth lower than expected.
Health and Social Affairs Minister Marisol 's Heiner , go parliamentary pension law in October , Reuters reporters said that while the plan may not seem so bold , more than 2010 of the conservative Sarkozy moving under the retirement age from 60 to 62 , the socialist reform will be long-lasting .
Overhaul will gradually expand to enforce payment from 41.5 years from 2035 to 43 , and asked to fill out the annual deficit set , otherwise in 2020 reached 20 billion euros (about 2.6 billion U.S. dollars ) for workers , retirees and employers.
Analysts said that the reform plan, the most talked about French President Francois Hollande 's 15 months in office , not far enough, because it only costs slightly accelerated extension of already in place.
The European Commission recommends more stringent measures , such as trimming inflation-linked annual pension increase , sounded the draft reform , write disappointed last week , and expressed the need for a detailed assessment .
But the key is that Heiner says , the Steering Committee will modify the pension system , make recommendations to the government every year , if you need to solve the shortage caused by the slow growth or rising unemployment contributions.
Heiner in an interview with reporters , said: "This is not a stop- gap measure of reform , it put in place measures destined to last , ."
" I would not say this is the last reform , who said in 2035 or 2040 will be necessary , I'm just saying , we are doing what needs to get through the next few years ."
Slowly, but surely
Hollande has used mild attempts at reform step by step , in order to strengthen the competitiveness of the French malaise . Although his footwork disappointing criticized government adviser said , gently so far to ensure minimal opposition in parliament and on the street.
In contrast, Sarkozy raised the retirement age triggered massive street protests and fuel strike weeks.
"Acceptable reform is not a cruel , " Hainer said. "We do not do in Brussels, in order to meet demand, we are doing to appease the French, because they do not reform a threat to the future of our pensions ."
The European Commission has given France an extra two years to bring the public deficit below the EU 's 3 percent of economic output ceiling , but the rewards that it would like to see in a state of meaningful change , pensions and welfare spending is one of the best groups.
Heiner draft reform of the pension deficit continued to decline in the coming years , shows a small surplus in 2030 and 2040 , standing balanced medium-term growth based on an average of 2% per year , or slightly less .
Hainer said that critics who see reform needs to re-examine , if economic growth is disappointing neglected the role of the Steering Committee , which she said would play a similar role , the National Audit Office 's often encouraged the government on public finances .
She also noted that France 's demographic advantage , with a high birth rate in the coming years will ease pension crunch.
" She said: " This is not an accounting reform , just re- adjust the column number, which is a structural reform to ensure the system 's long-term financing.
Government still figuring it will find an additional $ 100 million , 200 million euros a year required the company has committed to funding cuts slightly higher pension contributions , to compensate for their labor costs , Hainer said.
The government will also adjust the tax cuts in its upcoming 2014 the balance of assets and liabilities , she said , and then , last week said it would cut 1400 to 600 million yuan tax plan be modified to reduce the tax burden .
"With the recovery of economic growth earlier than we expected , we can limit the tax, but the savings are always needed, " she said.
 



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