The second wave of revaluation of “small pensions” planned within the framework of the pension reform will affect “850,000 people” and will take place at the beginning of October, he said on Tuesday in Parisian CNAV director general Renaud Villard. “We are going to pay the increase planned for 850,000 people,” he explains. “They will receive two types of payments: around September 25, the recovery in one year of the increase they should have received since September 1, 2023,” when the reform came into force. “And on October 9, their pension increased,” he explains.
A first wave of improvements for 600,000 retirees a year ago
The contested pension reform raised the value of the “minimum contributory” (Mico), a system of support for small pensions, to a minimum of 85% of the net minimum wage, for an employee who has completed a full career on the minimum wage. The government introduced this measure to strengthen the social aspect of a reform that raises the legal retirement age to 64, compared to the previous 62 years.
Around 600,000 retirees from the general system had already seen their pensions increase during a first wave of increases, in the fall of 2023, when the reform came into force, recalls Renaud Villard. But “for retirees who left before 2009, 20, 30 or 40 years ago, it was necessary to reconstruct their careers and sometimes even search through paper files,” he explains.
Asked about the fate of the pension reform, the issue at stake in the negotiations for Matignon, he also stresses that “whatever the decision, which is a political responsibility, the Pension Insurance will apply the law”. Although he assures that he is ready to adapt “to all scenarios”, while “from September 2023 to the end of 2024, around 840,000 people will have left under the new reform”, he adds that, “more pragmatically, we must avoid making the timetable too brutal to be able to apply it correctly because, in the end, it is the insured who will suffer”.
Source: BFM TV
