You total all the quarters necessary to retire at full rate and yet... you will not be able to receive your entire pension. Since 2015, the Agirc-Arrco supplementary pension has been reduced by 10% for 3 years for new retirees even if they meet the conditions for the full rate. This "lowering coefficient" had been launched to overcome the financial difficulties of complementary.
However, there are several scenarios for which it is possible to escape this 10% discount.
Read also: Pensions: bad news for beneficiaries of a complementary Agirc-Arrco
Leaving later or...retiring earlier
First solution to avoid being penalized: continue to work. If you continue your activity for a year, your pension will not be reduced. This is of course not possible for all employees depending on their state of health, the nature of their activity or even the situation of your company. “The very essence of the system was to encourage policyholders to postpone their retirement,” explains Didier Pensec, retirement expert at Agirc-Arrco, to the magazine Notre temps.
Conversely, if you leave earlier, if you miss a quarter, you will escape the 10% penalty but you will suffer a final reduction of 1% from Agirc-Arrco and 1.25% from the scheme basic. Is this lifetime allowance or a 10% penalty for 3 years better? As the expert Didier Pensec explains in Our time, "a calculation will enlighten you on the number of years necessary for a return on investment".
Your pension fund or Agirc-Arrco can help you find the best solution for your situation.
Read also: Revaluation of Agirc-Arrco supplementary pensions: in 10 years, a shortfall of almost 4%
Have low income
If your tax household has a low income and is exempt from the CSG (generalized social contribution), you will not be penalized by the 10% discount. The last known tax situation is taken into account before retirement, i.e. the 2021 tax notice. Please note: if your household receives other income, such as spouse's income or property income, the ceilings may be exceeded .
Receive specific social allowances
Other scenarios allow you to escape the 10% discount on your Agirc-Arrco retirement pension.
Read also: Agirc-Arrco supplementary pension: beware, an "undervaluation" of the pension will take place on November 1
Finally, there is a particular situation which concerns people who are entitled to a full-rate basic pension at age 65 because of a disabled child, even if they do not have all the necessary quarters. "A person who, for example, retires at the full rate at age 62 because she has all her quarters has the right to a full-rate pension because of her child's disability, but because of the quarters. In this case, she does not does not benefit from the exemption from the solidarity coefficient of Agirc-Arrco", explains the expert Didier Pensec to Notre temps.
