Pensions: why the revaluation this year looks like a gas factory

Pensions: why the revaluation this year looks like a gas factory
Pensions: why the revaluation this year looks like a gas factory

In 2025, the revaluation of basic pensions will be done in two stages, with retroactivity for certain retirees. We explain to you the reasons for this gas plant.

Read also: Rpensions: here is what the increase in basic pensions should be in January

How will pensions be revalued in 2025?

In January, the basic pensions of 17 million retirees will increase by around 0.9%, which is half the rate of inflation. That’s an average increase of €7 per month. And in July, retirees whose total pension (basic and supplementary) is less than a net minimum wage should benefit from a second increase of the same level. And this increase will be “retroactive”, indicates Renaud Villard, director of Cnav (National Old Age Insurance Fund), on info. In other words, the retirees concerned will benefit from a catch-up over the months of January to June.

Why wait until July?

For reasons of technical complexity. “The challenge is to identify retirees who earn less than the minimum wage and those who earn more than the minimum wage, explains Renaud Villard. To do this, we must recover the retirement amounts from the 43 plans. And inform each scheme of the amount of revaluation that it must apply. We couldn’t have done it in two months. » Retirees will not have to take any action. On the other hand, this will increase the burden on fund employees, already underwater with the pension reform.

What is the reason for this gas plant?

The government wants to obtain three billion euros in savings on pensions. For this, the 56% of retirees who earn more than the minimum wage will have an increase below inflation (which deviates from the law). And the 44% of retirees who earn less than the minimum wage should benefit from total indexation to inflation.


Belgium

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