Basic retirement pensions will be increased by 2.2% on January 1

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.

Retirees are now settled. The annual revaluation of basic pensions which will take place on January 1 will be 2.2%, the Ministry of the Budget announced to franceinfo, Tuesday December 10, confirming information from 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 bill, the government even considered postponing the 1.8% increase in basic pensions by six months, to July 1, 2025. This calculation was based on inflation expectations in the summer of 2025, and not on average inflation for 2024, according to the Ministry of Budget and Public Accounts.