If elected, Bruno Retailleau, the candidate for the Rally for the Republic (LR) party in the French presidential election, has proposed a new retirement policy that would introduce a minimum retirement age of 63 years, with full pension benefits available at 65. These proposals were made during an interview with the French news channel LCI on Tuesday, September 22. Retailleau explained that retiring at 63 would involve a 7% annual penalty on the pension amount, meaning those who retire earlier would receive less than those who wait until 65. This is a significant change from the current system, where full pension benefits are available at 67, and it would apply even if individuals have not completed all the required years of contributions, known as "quarters." Retailleau also outlined a plan to reform the existing pay-as-you-go pension system, which is funded by current workers' contributions to support current retirees. His proposal aims to "save" this system and generate approximately 40 billion euros in savings over five years. To achieve this, he proposed adjusting the retirement age based on life expectancy, suggesting that the full pension age could increase if people live longer. This would ensure the system remains financially sustainable in the long term. In addition to these changes, Retailleau proposed the introduction of a capitalization pension system specifically for young people entering the workforce. This type of pension system involves individuals contributing a portion of their salary into a personal account, which is then invested and grows over time. Retailleau emphasized that this measure is "fundamental for the young but also for our companies," as it would reduce the need for foreign investments in France’s pension system. He clarified that this capitalization pillar would not apply to current retirees but would instead make up about 25 to 30% of future retirees’ pensions. Retailleau also pledged to consider the specific difficulties faced by certain professions, such as those involving physical labor or hazardous conditions, and to consult with social partners—such as labor unions and employer organizations—to identify possible exceptions to the proposed reforms. This approach reflects an attempt to balance the need for pension system reform with the recognition of the varied realities of different workers.