Laurent Wauquiez announces a revaluation for all on January 1, of “half of inflation”

“There will be an increase in pensions from January 1 for all pensions. It will be roughly half of inflation,” declared Laurent Wauquiez on TF1 news.

“On July 1, there will be a second increase, this time for the most modest pensions” to “fully protect them from inflation,” he continued, specifying that only those “below the SMIC” would benefit from this second measure.

200 euros more per year?

“The Prime Minister is open to compromise. They discussed this subject with Laurent Wauquiez and he will have the opportunity to give details soon,” indicated the entourage of the head of government.

An amendment to this effect should be tabled during the debates on the Social Security budget in the Senate, said an LR parliamentary source.

Laurent Wauquiez immediately quantified the benefits of the measure.

“For a retiree, caregiver, who receives 1,000 euros of retirement per month […] it will represent a gain over the year of 200 euros,” he said, recognizing “modest amounts.” But “for someone who has a small pension that matters,” he explained.

What funding?

To finance this revaluation, which according to him would cost “between 500 million and 1 billion” euros, the former president of the Auvergne-Rhône-Alpes region intends to seek “1 billion” in the rationalization of the “administrative bureaucracy”, in particular by merging certain organizations such as “France Stratégie”, “the High Commission for Planning”, “France 2030”, and “the Center for Prospective Studies”.