The president of the Republican Right group in the National Assembly, opposed to the freezing of retirement pensions, also indicated that an anti-inflation shield will be put in place from July 2025 for pensions below the minimum wage.
“If it makes the difference between being able to get by or being in difficulty, well I consider it a normal effort that we make.” Laurent Wauquiez announced this Monday, November 11, that he had obtained from the government an increase in all pensions from January 1, 2025.
“Michel Barnier is facing a difficult budgetary crisis and we support him, but from the start we said that it was unacceptable for the French, particularly retirees, to be the scapegoats for the waste that there has been,” he said. he first explained on TF1.
Among its savings avenues for 2025, the government had proposed as part of the examination of its Social Security financing bill to postpone by six months (from January 1 to July 1) the indexation of pensions on inflation to save around four billion euros. A measure criticized even by supporters of the Barnier coalition in the Assembly.
A revaluation of “about half of inflation”
The president of the Republican Right group announced this Monday evening, after a month of work with the executive, that “there will indeed be an increase in pensions from January 1 for all pensions, it will be approximately the half of inflation but it will concern all retirees”, or 17 million people.
“On July 1, there will be a second revaluation this time for the most modest pensions with one objective: to fully protect them from inflation so that there is no loss of purchasing power,” said further detailed Laurent Wauquiez.
It's up to you to tell us: The revaluation of pensions postponed to July 2025 – 03/10
An anti-inflation shield for pensions below the minimum wage
“All pensions below the minimum wage will be fully protected from loss of purchasing power. 44% of retirees will be affected, almost one in two withdrawals will be protected by this anti-inflation shield”
“What Laurent Wauquiez announced is the result of work carried out between his group and the government, making it possible to reach the compromise presented this evening,” a government source confirmed to BFMTV this Monday evening.
According to a “L'Opinion en direct” survey conducted by the Elabe institute for BFMTV and published at the end of October, 73% of French people said they were opposed to six-month postponement of the revaluation of all retirement pensions.
Hugues Garnier with AFP Journalist BFMTV
