Agirc-Arrco is still green this year

The accounts continue to thrive for theAgirc-Arrco this year. The complementary pension plan for private sector executives and employees should still be largely in the green this year, with an estimated “technical result” of 3.7 billion euros, according to an internal document consulted by AFP on Friday. The big box is overflowing. According to the “central” scenario recently presented to its financial committee, Agirc-Arrco expects a “technical” surplus (before financial result) of 3.7 billion euros this year. After the surplus of 2,600 million already registered last year, the system managed by the unions and employers therefore continues to reap the fruits of the post-Covid economic recovery.

What to feed the next discussions on the revaluation of pensions on November 1, especially since a profit of 1,500 million is still projected for 2023 and that the “golden rule” consisting of having six months of financial reserves in a horizon of 15 years would continue to be sustained At this stage an increase of at least 4.9% has been acquired, which corresponds essentially to the evolution of wages (4.8%) and a slight recovery (0.1%) of undervalued inflation in 2021, several union sources told AFP. Better than the 4% granted this summer by the Government on the basic pension service by the Sécu, but lower than the increase in prices without tobacco, quantified by Agirc-Arrco at 5.3% year-on-year.

Compared to the 84,000 million euros of budgeted services (…)

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