The valuation of retirement is a major concern for the Deputy Prime Minister in charge of the Civil Service, Jean-Pierre. In order to address this concern, it recently instructed the Payroll Department to implement a supplemental funded pension scheme for public officials.
According to Jean-Pierre, this supplementary scheme aims to integrate the permanent and corps bonuses into the social contribution elements, with a deduction of 4% to ensure an honorable retirement. It is important to emphasize that this measure does not increase the IPR rate, which remains at 3% for most agents, in accordance with the Bibwa agreements. Only political institutions retain a rate of 21%.
The contributions collected under this supplementary scheme will be paid to the CNSSAP, which will create individual accounts for each public official and invest the sums collected in order to make them grow. This separate management of contributions intended for the pension by intergenerational solidarity will allow agents to accumulate savings throughout their professional career and thus increase their retirement pension.
For the sake of transparency and efficiency, measures are taken to ensure sound management of the supplementary pension scheme. A mechanism for permanent and structured dialogue with the public service unions will be put in place, in order to ensure good day-to-day management.
In addition, a system will be implemented to allow each contributor to follow the evolution of his savings and to simulate the amount of his future retirement pension.
Initially intended for agents of the general system, this additional system will be extended to all other categories of agents covered by the CNSSAP. The Deputy Prime Minister also announced his intention to include governors, provincial deputies and members of national institutions in this complementary scheme.
Regarding the concerns of civil servants related to fluctuations in the exchange rate, Jean-Pierre assured that a joint government-trade union commission will be set up to address these issues and find solutions.
In conclusion, the establishment of a supplementary pension scheme by capitalization in the civil service is part of a desire to enhance the retirement pensions of civil servants. This measure will enable staff to build up savings throughout their career and thus increase their retirement pension. Transparent and efficient management will be ensured, and systems will be put in place to allow agents to monitor the evolution of their savings and to simulate the amount of their future pension