To cope with changes in inflation, pensions are increased each year. For the supplementary pension of the Agirc-Arrco scheme, the revaluation takes place in the fall. For former private sector employees, it is therefore next November that supplementary pensions should increase. Concerning the increase, this is decided following a negotiation between the social partners.
In 2024, the supplementary pension of the Agirc-Arrco plan has already undergone several changes. The first took place in February with the reassessment of the Generalized Social Contribution (CSG) rate. A change which impacted Agric-Arrco supplementary pensions, but not in the same way.
On April 1, another change took place, namely the end of the 10% penalty applied to the Agirc-Arrco supplementary pension. A measure that benefits a large number of private sector retirees. The changes should not stop there, because the Agirc-Arrco regime revaluates its supplementary pensions in the fall of each year.
On November 1, 2023, the value of the Agirc-Arrco supplementary retirement point was increased by 4.9%, compared to 5.12% in 2022 (due to a particularly high inflation rate). As a reminder, the revaluation of supplementary pensions for former private sector employees is decided each year following meetings between the social partners. Indeed, it is following the recommendations of this financial commission that the board of directors of the Agirc-Arrco scheme decides the amount of the next revaluation.
The revaluation of Agirc-Arrco depends on inflation and the SMPT
Regarding the method of calculating this increase, the supplementary pension fund is based on the lowest index between the forecast inflation rate for the current year and the change in the average remuneration of employees in the sector. private (average salary per capita, SMPT). In 2022 for example, the Agirc-Arrco regime took into account this average salary per capita instead of inflation for the revaluation of supplementary pensions (5.13% for inflation and 4.8% for the SMPT).
For the November 2024 revaluation, the amount is not yet known, this should be decided by Agirc-Arrco following the next meetings between the social partners. According to forecasts from the Banque de France, inflation should settle around 2.5% in 2014. In the event that the supplementary pension fund for former private sector employees opts for a revaluation based on inflation , the increase in supplementary pensions would therefore be close to 2.5%. It therefore remains to know the evolution of the SMPT, in the first quarter of 2024, the increase was 3.2% over one year.
