It’s official since Tuesday, December 10, 2024. From January 1, 2025, basic retirement pensions will be increased by 2.2%. A direct consequence of the censorship of the Barnier government, which prevented the adoption of the Social Security Budget.
The cards are redistributed once again. Consequence of censorship and in the wake of the fall of Michel Barnier’s government on December 4 by a large majority of deputies of the National Assembly. And with the immediate or short-term effect of changes in the daily lives of the French.
Among them, retirement pensions, which after two months of debate and uncertainty, will finally be significantly increased on January 1, 2025. The announcement was made this Tuesday, December 10, 2024 by the Ministry of the Economy.
No more postponed or differentiated revaluation
It’s like losing your Latin. Before the censorship of the Barnier government was voted, the Social Security financing bill supported by the majority and its Prime Minister, planned to ask retirees for an effort to the tune of 4 billion euros, as France Bleu recalls .
In September, it was first proposed for basic pensions to follow their usual pace of annual revaluation on January 1, 2025. Then, in October, a six-month postponement of the indexation of pensions to inflation was put forward. Finally, the very latest version of the draft Social Security budget provided for two increases: one, in January, of 0.8% in January then, a second, still of 0.8% in July, but only for small pensions, or 1.6% in total.
A calculation carried out on inflation expectations in the summer of 2025 and not on average inflation for 2024.
An increase of 2.2%
Finally, retirement pensions will increase by 2.2%. Indeed, the under-indexation of pensions provided for in the initial version of the budget cannot be applied, retirees will see their pensions revalued by being indexed to inflation, as provided for in the Social Security Code.
The 2.2% are “linked to mechanical indexation on the basis of inflation observed (in 2024) by the National Institute of Statistics (Insee)”, as is usually the case each year, explained the Ministry of Budget and Public Accounts to AFP, confirming information from the daily Ouest-France.
“This regulatory revaluation must apply to Retirement Insurance but also to the basic pensions of State civil servants (SRE), to those of the CNRACL, or even to the supplementary pension for former Ircantec contract workers which follows developments in the regime general”, specifies the economic information site Moneyvox.
What revaluation based on your retirement pension?
Moneyvox has done the calculation. In November 2024, with a basic retirement insurance pension (Carsat, etc.) of €1,000 and €508 from Agirc-Arrco supplementary retirement, the overall amount amounted to €1,508 net. With the 2.2% increase, it should rise to €1,530 net from 2025 with an additional €22 on the basic pension.
For a pension of €1,105 net per month currently, in 2025, the amount will increase to €1,123.
For a pension of €2,519 net per month currently, in 2025, the amount will increase to €2,548.
For a pension of €1,671 net per month currently, in 2025, the amount will increase to €1,695.
