{"id":"topics/pensions","title":"Pensions","type":"topic","html":"<p>The pension system was debated across the 2023–2028 legislature, from the announcement of a pension debate in June 2024 to the vote on bill 8692 in June 2026. The sittings covered the financing of the general scheme, the investment policy of the Fonds de compensation, the citizens' council proposal, the consultation debate of March 2025, the state of the nation announcement on contribution years, and the pension reform bill 8634 voted in December 2025. The quotes below are taken verbatim from the Compte rendu officiel of each sitting.</p>\n<h2>CSV</h2>\n<p>On 18 December 2024, during the budget debate on the state of the pension regime, Marc Spautz argued that the pension system needs action soon.</p>\n<blockquote>\n<p>Wat d’Ofsécherung vun de Pensiounsregimmer ugeet, brauche mir net wäit an d’Zukunft ze kucken, well an e puer Joer schonns d’Depensë méi héich wäerte si wéi d’Recetten.</p>\n</blockquote>\n<p><em>As for securing the pension schemes, we do not need to look far into the future, because in a few years the spending will already be higher than the revenue.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2024-12-18-n055\" class=\"wikiLink\" data-target=\"seances/2024-12-18-n055\">Sitting of 18 December 2024</a>, Marc Spautz, CSV</p>\n<p>On 18 December 2025, at the debate and vote on the pension reform bill 8634, <a href=\"/lhoft?page=deputies%2Ffrancoise-kemp\" class=\"wikiLink\" data-target=\"deputies/francoise-kemp\">Françoise Kemp</a> reported the gap between the legal and the real retirement age.</p>\n<blockquote>\n<p>Zu Lëtzebuerg läit de legale Pensiounsalter zwar bei 65 Joer, mee an der Praxis ginn d’Leit am Duerchschnëtt scho mat 60,2 Joer an d’Pensioun.</p>\n</blockquote>\n<p><em>In Luxembourg the legal retirement age is indeed 65, but in practice people retire on average already at 60.2 years.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-12-18-n120\" class=\"wikiLink\" data-target=\"seances/2025-12-18-n120\">Sitting of 18 December 2025</a>, <a href=\"/lhoft?page=deputies%2Ffrancoise-kemp\" class=\"wikiLink\" data-target=\"deputies/francoise-kemp\">Françoise Kemp</a>, CSV</p>\n<h2>DP</h2>\n<p>On 19 March 2025, in the consultation debate on the long-term viability of the pension system, <a href=\"/lhoft?page=deputies%2Fgerard-schockmel\" class=\"wikiLink\" data-target=\"deputies/gerard-schockmel\">Gérard Schockmel</a> proposed to raise the effective retirement age towards the legal one.</p>\n<blockquote>\n<p>Fir d’DP ass et ganz kloer, wou een hei usetze misst: De reelle Pensiounsuntrëttsalter muss méi no un dee legale Pensiounsalter erubruecht ginn.</p>\n</blockquote>\n<p><em>For the DP it is very clear where you would have to start: the real retirement age must be brought closer to the legal retirement age.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-03-19-n071\" class=\"wikiLink\" data-target=\"seances/2025-03-19-n071\">Sitting of 19 March 2025</a>, <a href=\"/lhoft?page=deputies%2Fgerard-schockmel\" class=\"wikiLink\" data-target=\"deputies/gerard-schockmel\">Gérard Schockmel</a>, DP</p>\n<p>On 18 December 2025, at the vote on the pension reform bill 8634, <a href=\"/lhoft?page=deputies%2Fgerard-schockmel\" class=\"wikiLink\" data-target=\"deputies/gerard-schockmel\">Gérard Schockmel</a> reported the yearly cost to the State of subsidising the pension schemes.</p>\n<blockquote>\n<p>De Staat kaschten dʼSubventioune vun eise verschiddene Pensiounssystemer dëst Joer 3,5 Milliarden Euro.</p>\n</blockquote>\n<p><em>The subsidies for our various pension schemes cost the State 3.5 billion euros this year.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-12-18-n120\" class=\"wikiLink\" data-target=\"seances/2025-12-18-n120\">Sitting of 18 December 2025</a>, <a href=\"/lhoft?page=deputies%2Fgerard-schockmel\" class=\"wikiLink\" data-target=\"deputies/gerard-schockmel\">Gérard Schockmel</a>, DP</p>\n<h2>LSAP</h2>\n<p>On 12 June 2024, after the announcement of a pension debate based on an opinion of the Economic and Social Council, <a href=\"/lhoft?page=deputies%2Ftaina-bofferding\" class=\"wikiLink\" data-target=\"deputies/taina-bofferding\">Taina Bofferding</a> argued that a large pension reform needs a consensus in society and with the opposition.</p>\n<blockquote>\n<p>Well wann een esou eng grouss Reform wëll maachen, ass et wichteg, dass een do e Konsens an der Gesellschaft huet an och e Konsens mat der Oppositioun.</p>\n</blockquote>\n<p><em>Because if you want to make such a big reform, it is important to have a consensus in society and also a consensus with the opposition.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2024-06-12-n029\" class=\"wikiLink\" data-target=\"seances/2024-06-12-n029\">Sitting of 12 June 2024</a>, <a href=\"/lhoft?page=deputies%2Ftaina-bofferding\" class=\"wikiLink\" data-target=\"deputies/taina-bofferding\">Taina Bofferding</a>, LSAP</p>\n<p>On 18 December 2025, at the vote on the pension reform bill 8634, <a href=\"/lhoft?page=deputies%2Fmars-di-bartolomeo\" class=\"wikiLink\" data-target=\"deputies/mars-di-bartolomeo\">Mars Di Bartolomeo</a> attacked the government reform as a short-term patch.</p>\n<blockquote>\n<p>Aus der grouss ugeluechter Reform gouf eng Plooschter, e Rettungsreef, fir iwwert deen nächste Waltermin ze kommen.</p>\n</blockquote>\n<p><em>Out of the grandly announced reform came a sticking plaster, a life belt to get past the next election date.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-12-18-n120\" class=\"wikiLink\" data-target=\"seances/2025-12-18-n120\">Sitting of 18 December 2025</a>, <a href=\"/lhoft?page=deputies%2Fmars-di-bartolomeo\" class=\"wikiLink\" data-target=\"deputies/mars-di-bartolomeo\">Mars Di Bartolomeo</a>, LSAP</p>\n<h2>ADR</h2>\n<p>On 19 March 2025, in the consultation debate on the pension system, <a href=\"/lhoft?page=deputies%2Falexandra-schoos\" class=\"wikiLink\" data-target=\"deputies/alexandra-schoos\">Alexandra Schoos</a> proposed a one-year rise in the retirement age spread over twelve years.</p>\n<blockquote>\n<p>Mir proposéieren, den allgemenge Rentenantrëttsalter ze erhéijen, an zwar ëm insgesamt 1 Joer, gestreckt awer och hei iwwer 12 Joer.</p>\n</blockquote>\n<p><em>We propose to raise the general retirement age, by one year in total, but here too spread over twelve years.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-03-19-n071\" class=\"wikiLink\" data-target=\"seances/2025-03-19-n071\">Sitting of 19 March 2025</a>, <a href=\"/lhoft?page=deputies%2Falexandra-schoos\" class=\"wikiLink\" data-target=\"deputies/alexandra-schoos\">Alexandra Schoos</a>, ADR</p>\n<h2>déi gréng</h2>\n<p>On 19 March 2025, in the consultation debate on the pension system, <a href=\"/lhoft?page=deputies%2Fdjuna-bernard\" class=\"wikiLink\" data-target=\"deputies/djuna-bernard\">Djuna Bernard</a> stated the fairness principle her party sets for the reform.</p>\n<blockquote>\n<p>Eng Pensiounsreform dierf keng nei Ongerechtegkeete schafen, net tëscht Al a Jonk, net tëscht Aarm a Räich an net tëscht privaten a staatleche Pensionnairen.</p>\n</blockquote>\n<p><em>A pension reform must not create new injustices, not between old and young, not between poor and rich, and not between private-sector and public-sector pensioners.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-03-19-n071\" class=\"wikiLink\" data-target=\"seances/2025-03-19-n071\">Sitting of 19 March 2025</a>, <a href=\"/lhoft?page=deputies%2Fdjuna-bernard\" class=\"wikiLink\" data-target=\"deputies/djuna-bernard\">Djuna Bernard</a>, déi gréng</p>\n<p>On 18 December 2025, at the debate on the pension reform bill 8634, <a href=\"/lhoft?page=deputies%2Fdjuna-bernard\" class=\"wikiLink\" data-target=\"deputies/djuna-bernard\">Djuna Bernard</a> rejected the coalition parties' approach to securing the system.</p>\n<blockquote>\n<p>Amplaz zerwéieren d’CSV an d’DP e Projet de loi, deen op eng zimmlech absurd Formel setzt: méi abezuele plus méi laang schaffe goen ass gläich keng Ofsécherung vun eisem Pensiounssystem.</p>\n</blockquote>\n<p><em>Instead the CSV and the DP serve up a bill that relies on a fairly absurd formula: paying in more plus working longer equals no securing of our pension system.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-12-18-n120\" class=\"wikiLink\" data-target=\"seances/2025-12-18-n120\">Sitting of 18 December 2025</a>, <a href=\"/lhoft?page=deputies%2Fdjuna-bernard\" class=\"wikiLink\" data-target=\"deputies/djuna-bernard\">Djuna Bernard</a>, déi gréng</p>\n<h2>Piraten</h2>\n<p>On 14 May 2025, in the state of the nation debate on the announced rise in contribution years, <a href=\"/lhoft?page=deputies%2Fsven-clement\" class=\"wikiLink\" data-target=\"deputies/sven-clement\">Sven Clement</a> argued that the announced measure raises the retirement age indirectly.</p>\n<blockquote>\n<p>D’Verlängerung vun de Cotisatiounsjoren ass eng indirekt Pensiounsaltererhéijung. D’Regierung wëllt, datt d’Leit méi laang schaffen, ouni et esou ze nennen.</p>\n</blockquote>\n<p><em>Extending the contribution years is an indirect rise in the retirement age. The government wants people to work longer without calling it that.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-05-14-n083\" class=\"wikiLink\" data-target=\"seances/2025-05-14-n083\">Sitting of 14 May 2025</a>, <a href=\"/lhoft?page=deputies%2Fsven-clement\" class=\"wikiLink\" data-target=\"deputies/sven-clement\">Sven Clement</a>, Piraten</p>\n<p>On 16 June 2026, at the vote on bill 8692 extending the reform exception to BCEE staff, <a href=\"/lhoft?page=deputies%2Fsven-clement\" class=\"wikiLink\" data-target=\"deputies/sven-clement\">Sven Clement</a> announced his group will abstain and why.</p>\n<blockquote>\n<p>Mir wäerten eis bei dësem Projet enthalen, well mer och d’Pensiounsreform net matgestëmmt hunn.</p>\n</blockquote>\n<p><em>We will abstain on this bill, because we did not vote for the pension reform either.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2026-06-16-n146\" class=\"wikiLink\" data-target=\"seances/2026-06-16-n146\">Sitting of 16 June 2026</a>, <a href=\"/lhoft?page=deputies%2Fsven-clement\" class=\"wikiLink\" data-target=\"deputies/sven-clement\">Sven Clement</a>, Piraten</p>\n<h2>déi Lénk</h2>\n<p>On 19 March 2025, in the consultation debate on the pension system, <a href=\"/lhoft?page=deputies%2Fmarc-baum\" class=\"wikiLink\" data-target=\"deputies/marc-baum\">Marc Baum</a> defended the existing pay-as-you-go first pillar against proposals to strengthen funded pillars.</p>\n<blockquote>\n<p>Well de lëtzebuergesche Pensiounssystem, dee mer wärend Joerzéngten opgebaut hunn, deen ass robust, performant a staark.</p>\n</blockquote>\n<p><em>Because the Luxembourg pension system, which we built up over decades, is robust, efficient and strong.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-03-19-n072\" class=\"wikiLink\" data-target=\"seances/2025-03-19-n072\">Sitting of 19 March 2025</a>, <a href=\"/lhoft?page=deputies%2Fmarc-baum\" class=\"wikiLink\" data-target=\"deputies/marc-baum\">Marc Baum</a>, déi Lénk</p>\n<p>On 16 June 2026, at the vote on bill 8692 on the pension rules for BCEE staff, <a href=\"/lhoft?page=deputies%2Fmarc-baum\" class=\"wikiLink\" data-target=\"deputies/marc-baum\">Marc Baum</a> criticised the cut-off date of the pension reform as unfair.</p>\n<blockquote>\n<p>All déi Leit, déi do virdrun am ëffentlechen Déngscht geschafft hunn, mussen net déi aacht Méint méi laang schaffe goen. An all déi Leit, déi am Mäerz 1999 agestallt gi sinn, mussen elo aacht Méint méi laang schaffe goen.</p>\n</blockquote>\n<p><em>All the people who worked in the public service before that date do not have to work the eight months longer. And all the people hired in March 1999 now have to work eight months longer.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2026-06-16-n146\" class=\"wikiLink\" data-target=\"seances/2026-06-16-n146\">Sitting of 16 June 2026</a>, <a href=\"/lhoft?page=deputies%2Fmarc-baum\" class=\"wikiLink\" data-target=\"deputies/marc-baum\">Marc Baum</a>, déi Lénk</p>\n<h2>Ministers</h2>\n<p>On 19 March 2025, in the consultation debate on the pension system, the Minister of Health and Social Security answered the debate on behalf of the government and fixed its position on the retirement age.</p>\n<blockquote>\n<p>Mir kënne confirméieren, datt mir als Regierung net wëllen de Pensiounsalter vu 65 Joer an d’Luucht setzen.</p>\n</blockquote>\n<p><em>We can confirm that we as a government do not want to raise the retirement age of 65.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-03-19-n072\" class=\"wikiLink\" data-target=\"seances/2025-03-19-n072\">Sitting of 19 March 2025</a>, Martine Deprez, Ministre de la Santé et de la Sécurité sociale</p>\n<p>On 14 May 2025, answering the state of the nation debate on contribution years, the Prime Minister cited an OECD table on Luxembourg's age of entry into retirement.</p>\n<blockquote>\n<p>Dee seet ganz kloer, datt Lëtzebuerg vun alle Memberstaate vun der OCDE – dat ass d’ganz Europäesch Unioun plus eng Rei aner Länner – bei Wäitem deen niddregsten Antrëttsalter an d’Pensioun huet, an dee läit bei ronderëm 60 Joer.</p>\n</blockquote>\n<p><em>It says very clearly that of all OECD member states – that is the whole European Union plus a number of other countries – Luxembourg has by far the lowest age of entry into retirement, and it lies at around 60.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2025-05-14-n083\" class=\"wikiLink\" data-target=\"seances/2025-05-14-n083\">Sitting of 14 May 2025</a>, Luc Frieden, Premier ministre</p>"}