Laurent Wauquiez claims to have obtained from the government the revaluation of “all pensions” on January 1

Laurent Wauquiez, deputy of the Les Républicains (LR) party and president of the Droite Républicaine parliamentary group, listens to the French Prime Minister's general policy speech at the National Assembly in , , October 1, 2024. SARAH MEYSSONNIER / REUTERS

Laurent Wauquiez, president of the Republican Right group (ex-LR) in the Assembly, assured Monday November 11 that he had found a compromise with the government so that “all pensions” are revalued from the “half of inflation” from 1is January, with a second catch-up for the smallest six months later.

Among its savings options for 2025, the government had proposed as part of the examination of its Social Security financing bill to postpone by six months (from 1is January to 1is July) the indexation of pensions to inflation to save around four billion euros. A measure criticized, including by supporters of the Barnier coalition in the Assembly.

“There will indeed be an increase in pensions from 1is January for all retirements. It will be about half of inflation”declared Laurent Wauquiez on TF1 news. « Au 1is July, there will be a second increase, this time for the most modest pensions” pour “protect them completely from inflation”he continued, specifying that only those “below the minimum wage” would benefit from this second measure.

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“The Prime Minister is open to compromise. They discussed this subject with Laurent Wauquiez and he will have the opportunity to give details soon”the head of government's entourage declared to Agence France-Presse.

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

“For someone who has a small pension, that matters”

Laurent Wauquiez immediately quantified the benefits of the measure. “For a retiree, caregiver, who receives 1,000 euros of retirement per month (…) This will represent a gain over the year of 200 euros”he affirmed, grateful “modest amounts”. More “for someone who has a small pension, that counts”he justified.

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 « bureaucracy administrative »by merging certain organizations such as France Stratégie, the High Commission for Planning, France 2030 and the Center for Prospective Studies.

As the Social Security budget could not be examined within the time allocated to the Assembly, it was transmitted to the Senate, which will examine it from Wednesday in committee, then in the hemicycle from November 18 to 23.

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The World with AFP

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