Since 2006 he receives a pension hat of 583

This time, it is decided, pensions hats enjoyed by certain patterns of major groups will be discouraged. "I will propose on the tax as confiscatory", announced yesterday the Prime Minister. According to François Fillon, who was interviewed on France Inter, "the mechanism which is to finance the company pensions of a number of executives and leaders is not an acceptable solution". A text should be voted in this sense "for the next budgetary discussion", he said. The head of the Government had already mentioned this subject, in camera, the weekly meeting of the UMP in the National Assembly deputies, March 31 ("Les Echos" from April 1). But while he had alluded, that day, to a possible increase in social security contributions (6 to 24, depending on whether the company pays directly retirement hat or that it passes through an insurance company, and that the device has been assigned before or after 2003), François Fillon was broader, yesterday, calling his greeting "extremely important taxation."to make pensions hats "the less attractive as possible." Implication: be back, at a minimum, in the common law.

Even the idea to delete touched it. "I had proposed it at the 2003 pension reform, but Parliament did not follow me," recalled. "This time, everyone is in agreement," applauds the general rapporteur of the budget Gilles Carrez (UMP), which nonetheless advocates a "balanced solution". "There has been a proliferation of new products, ensuring consistency and fairness in all our compulsory levies," said the Chairman of the Committee of the Senate Finance, Jean Arthuis (centrist Union).

Many controversies

Other times, other mores, the speech of the Executive has changed with the crisis. Because in the fall, during the parliamentary debate on the financing of social security, Eric Woerth, Minister for the Budget, had defended pensions hats, on the grounds that they "keep the longest possible executives." Since then, the Executive compensation sparked many controversies. The Government has indeed published yesterday in the "Official Journal", a new decree laying down the General rules in the companies aided by the State. A first version, published March 31, took the recommendations of the code of ethics of the Medef on bonuses, stock options and golden parachutes. But on the initiative of Jean Arthuis, an amendment to the last budget collective had then been voted, against the advice of the Government to register these rules in the Act and to make them enforceable before the courts. The second order arises from the rebound. In addition to public companies, banks and automakers, it is also the companies to obtain loans exceeding EUR 25 million from the Fund for economic and social development (ESFD), arm armed of the Interdepartmental Committee on industrial restructuring (Ciri). In all these companies, pensions hats are prohibited as of 22 April and until end of 2010, that did not provide the first order. The measure is not retroactive. It is therefore not Pierre Richard, President until October last the Council of Directors of Dexia, the Franco-Belgian Bank saved from bankruptcy by the public authorities. Since 2006, he receives a pension hat of 583.000 euros per year.