Key retirement figures – Ministry of Labor, Employment and Integration

The 10 key figures to understand retirement :

• 15.9 million retirees today*. 700,000 new retirees each year
• 331 billion euros is the total expenditure of the retirement system in 2019
• Currently 1.7 active contributors by retiree
• 42 regimes different retirement plans
• Full rate pension: 172 quarters or 43 annuities for people born in 1973 and later
• Legal retirement age: 62 years old. Age of full retirement: 67 years old.
• Amount of the gross pension **: 1576 euros / month on average, men: 1806 euros, women: 1367 euros. 1392 on average in 2010.
• Discount and premium: 1,25% less on the pension per quarter missing before 62 years and more on the pension per additional quarter validated after 62 years.
• Age of retirement from the general scheme: 24% before 62, 58% between 62 and 65, 18% after 65.
• Minimum old age / ASPA (Solidarity allowance for the elderly): 568,000 people receive an allowance paid according to resources and family situation. Single person up to 903 euros / month. Couple up to 1402 euros / month. This has been revalued by 100 euros / month for a single person (155 euros for a couple) since 2017.

Source DREES 2018 : * Number of retirees: 15.9 million (direct entitlement + derivative entitlement, resident in France as of 12/31/2018. ** Direct advantage, derived entitlements and supplements for children accumulated in 2018.

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