Laurent Wauquiez announces that “all retirements“will be revalued by”half the inflation” as of January 1. The president of the Republican Right group (ex-LR) in the Assembly said this Monday evening on TF1. He claims to have found a compromise with the government, with a second catch-up for smaller pensions six months later.
Measures estimated between 500 million and one billion euros
“On July 1, there will be a second increase, this time for the most modest pensions” to “fully protect them from inflation,” he said, specifying that only those “below the minimum wage” would benefit from this second measure. These measures would cost between 500 million and one billion euros, according to Laurent Wauquiez.
Yet, to reduce spending in the 2025 budget, the Barnier government had proposed to postpone the indexation of pensions to inflation by six months (from January 1 to July 1). to save around four billion euros.
