how many quarters until retirement?

ABSTRACT

  1. What do we call a long career in retirement terms?
  2. New pension reform in 2023 on early retirement
  3. Why is a certain number of paid quarters required?
  4. How many quarter contributions are required to benefit from the career long program?

What do we call a long career in retirement terms?

A long career is a professional career that a worker started very young, that is, before the age of 21 as of the last pension reform in 2023. Established by the Pension Reform Act of 2003, the long service system allows you to retire early while earning a full age pension, under certain conditions, especially regarding the number of quarters of pension insurance.

New pension reform in 2023 on early retirement

There are four age limits that allow early retirement:

  • work before the age of 16 enables retirement at the age of 58
  • work before the age of 18 enables retirement at the age of 60
  • working before the age of 20 allows you to retire between the ages of 60 and 62, depending on the year of birth (a progressive calendar is provided for people born between September 1, 1961 and December 31, 1969)
  • work before the age of 21 enables retirement at the age of 63

Note that the legal retirement age used to be 62, but is currently being gradually increased to 64 due to the 2023 pension reform.

Why is a certain number of paid quarters required?

From September 1, 2023 (the date of entry into force of the last pension reform), obtaining the long service program is subject to two conditions:

  • started working 16, 18, 20 or 21 years ago
  • reached the required number of quarters of pension insurance

Early retirement for long service exists for employees in the private sector, but civil servants and even self-employed workers are also concerned. You can check your eligibility for the scheme by going to the Info Retire simulator for early retirement for long careers.

How many quarter contributions are required to benefit from the career long program?

There are two different conditions regarding pension quarters in order to benefit from the long career scheme:

  • The number of contributions for the first years of work is required.
  • The total number of quarters during the entire career is also required.

Long career: How many quarters did you keep during your first years of work?

There are two scenarios depending on your date of birth:

  • If you were born between January 1 and September 31, you must have paid the contribution 5 quarters before the end of the calendar year of your 16th, 18th, 20th or 21st birthday (depending on the age at which you started your activity).
  • If you were born between January 1 and September 31, you must pay 4 quarters in all working periods before you reach your 16th, 18th, 20th or 21st birthday (depending on the age at which you started your activity).

How many mandates are required throughout your career?

The number of quarters of contributions required to obtain a full pension at the beginning of a long career is the same as for a normal career. You will have to contribute between 166 and 172 quarters, depending on your year of birth.

year of birth

The minimum number of quarters of contributions for

get a full pension

Between January 1, 1961 and August 31, 1961

168 quarters

Between September 1, 1961 and December 31, 1961

169 quarters

in 1962

169 quarters

in 1963

170 quarters

in 1964

171 quarters

in 1965

172 quarters

in 1966

172 quarters

in 1967

172 quarters

From January 1, 1968

172 quarters

What types of quarters count towards the required duration of insurance?

Regarding the number of quarters required during the first years of work, only contributory quarters are accepted, i.e. those received through contributions deducted from your employment income. On the other hand, for the duration of the insurance required during your entire career, it is possible to count, in addition to the paid quarters, the following assimilated quarters:

  • quarters of sick leave and injuries at work (within 4 quarters)
  • a quarter of military service (within the limits of 4 quarters)
  • quarters of unemployment benefits (within the limit of 4 quarters)
  • quarters of disability (up to 2 quarters)
  • every quarter of maternity and sick leave (no quarter limit)

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