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No more half-measures! While the government initially planned a limited increase of 0.8% in January, followed by a second increase in July only for small pensions, it is ultimately a single revaluation which will apply to all retirees from 2025. This 2.2% increase will represent an average of 400 euros extra over the year.
In concrete terms, a pensioner receiving an average pension of 1,512 euros net per month will see their income rise to 1,545 euros, i.e. a monthly gain of 33 euros. For higher pensions, such as that of 2,000 euros net, the monthly bonus will reach 44 euros, totalling an annual gain of 528 euros. Even the poorest will get a raise: a pension of 1,000 euros will be increased by 22 euros per month.
The big winners of the political crisis
This unexpected revaluation is the direct consequence of the fall of the government. In the absence of a Social Security Financing Bill (PLFSS), the Social Security Code applies automatically. A situation that benefits retirees since the revaluation will be based on real inflation, measured between November 2023 and October 2024.
200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000The measure concerns all basic schemes: the CNAV for private sector employees, the SRE for civil servants, the CNRACL for local government employees, and the CNAVPL for the liberal professions. The first revalued payments will be effective as early as February 2025.
A little breath of fresh air
This increase comes at just the right time for retirees, whose purchasing power is being severely tested by inflation. The Ministry of the Economy confirmed this revaluation on December 10. Although this increase remains lower than that of January 2024 which was 5.3%, it nevertheless represents an improvement in the purchasing power of seniors.
The automatic application of the Social Security Code will have significant repercussions on public finances. This general revaluation will represent an additional expenditure estimated at more than 6 billion euros for the State. A significant amount that was not planned for in the initial budget projections.
The pensioners' unions, which have been campaigning for months for a more substantial revaluation, welcome this development. They stress, however, that this increase will only partially offset the rise in the cost of livingobserved in recent years, particularly in the food and energy sectors, which have a strong impact on seniors' budgets.
- The government's censorship will result in an automatic 2.2% increase in retirement pensions on January 1, 2025
- The average gain is 400 euros per year for the 17 million French retirees
- The first increased payment will be effective in February 2025
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