CNAP president Alain Reuter says Luxembourg’s 2026 pension changes have gained time without resolving the system’s structural imbalance. The warning comes as annual payments reach €7.36 billion and the reserve’s coverage declines.
Luxembourg's statutory pension is a contributory first-pillar scheme run by the CNAP. The standard retirement age is 65, with early options at 57 or 60 under strict conditions. You need at least 120 months (10 years) of insurance to qualify. Contributions total 25.5% of capped pay, split equally between employee, employer and state (raised from 24% in January 2026). The pension combines a flat-rate part tied to career length and a proportional part based on lifetime earnings.
Luxembourg’s 2026 pension package combines a pension adjustment, contribution changes and new incentives for people who keep working or save privately.