Pensions could be increased by half the inflation on January 1. The smallest pensions would be “fully protected from inflation” six months later.
Negotiations around pensions continue. This time, it is not related to pension reform, but to the examination of the Social Security financing bill. Monday, November 11, Laurent Wauquiez assured that he had found a compromise with the Barnier government so that “all retreats” be revalued “half the inflation“on January 1, 2025, reports Le Figaro.
This indexation was already planned, but the government had proposed to postpone it entirely to July 1 as part of the examination of the Social Security financing bill. This measure would have saved 4 billion euros, while the government was desperate to limit this spending. But touching pensions did not please the Assembly, including within the Barnier coalition.
The smallest pensions fully indexed to inflation
But some people cannot afford to see their pension only half increased. So, the president of the Republican Right group in the Assembly proposed a second revaluation on July 1 “for the most modest pensions”in order to “protect them completely from inflation“, he announced to the TF1 news. Only pensions “below the minimum wage” would then be affected. “For a retired caregiver, who receives 1000 euros of pension per month (…) this will represent a gain over the year of 200 euros”explains the MP. According to him, this would cost “between 500 million and 1 billion” euros that he intends to find in the rationalization of the “administrative bureaucracy”.
As the bill could not be fully debated in the Assembly in time, it will be examined in the Senate from Wednesday. An LR senator has already promised that an amendment would be tabled to this effect in the upper house. The bill will return to the Assembly from November 18 to 23.
published on November 12 at 7:20 a.m., Philippine Rouviere Flamand, 6Medias
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