The decree-law approved by the Council of Ministers on March 15 aims to increase actual retirement age, which is now close to 64. The goal is to bring retirement age up to 67 by 2027 (versus 65 until now). On the one hand, the government wants to limit access to early and part-time retirement and encourage the possibility of combining work and pension and, on the other, deter the layoff of people over 50 by sanctioning layoff plans where they are disproportionately affected. (Ref. 130197)
Early retirement postponed. To retire early, employees need to meet the following criteria: 33 years paying contributions (instead of 30), at least 6 months without a job, and layoff on economic, technical or organizational grounds. Under these circumstances, they may retire 4 years before statutory retirement age (i.e. 61 years and 3 months in 2013 and 63 in 2027).
There is a new case of voluntary early retirement, on top of the existing two cases: forced or agreed with the company. Employees who voluntarily retire early will have to have paid contributions for 35 years and will be allowed to retire two years before statutory retirement age, i.e.
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