Before being overthrown, Michel Barnier's government only envisaged an increase of 0.8% at the start of 2025, in order to make savings for the Social Security budget.
Published on 10/12/2024 13:18
Updated on 10/12/2024 15:46
Reading time: 1min
Retirees are now settled. The annual revaluation of basic pensions which will take place on January 1 will be 2.2%, announced the Ministry of the Economy, Tuesday, December 10, at West France. In the latest version of the draft Social Security budget for 2025, Michel Barnier's government planned a smaller increase at the start of the year, estimated at 0.8%.
Under the Social Security Code, basic pensions (excluding supplementary pensions) are revalued each year on January 1, indexed to the inflation recorded by INSEE for the previous year. To save three billion euros, the government and the senatorial right agreed to modify these rules in 2025, with a smaller increase at the start of the year, before a supplement allowing an overall revaluation of 1.6% in July for retirees whose total pensions (basic and supplementary) do not exceed 1,500 euros gross.
In the initial version of the Social Security finance billthe government even planned to postpone by six months, to July 1, 2025, the revaluation of 1.8% of basic pensions, a figure modeled on the inflation then estimated for 2024.
