The revaluation of small pensions provided for in the pension reform will increase the Social Security deficit by 400 million euros, which is now expected to reach 7.5 billion euros this year, according to the latest version of the bill.
Before balancing the accounts, the pension reform will begin by making them worse. Moins d’un mois après the promulgation of a budget 2023 announcing a deficit of 7.1 billion euros, the government revu sa previsión à 7.5 billion dans le project de loi de financement rectificatif de la Sécurité sociale transmits au Council of State. A difference of 400 million carried by the old-age branch and justified by the “first effects of all the reform measures of the pension system”, included in this text, in particular “the revaluation of the amount of the minimum pension for retirees with liquidated their pension rights and for new retirees”.
Nearly 2 million current retirees will benefit from the measure
In fact, the executive has promised that a complete career -that is, 43 years of contributions- would give the right to a pension of at least 1,200 euros gross per month, or 85% of the net minimum wage when the measure enters into force on september. . The first draft sent to the Council of State last week reflected this commitment to future retirees, of whom a quarter (about 200,000 a year) are expected to benefit from the change.
But Prime Minister Elisabeth Borne had said the measure would also be extended to current retirees – “almost 2 million” should benefit from it – in the bill to be presented to the Cabinet on January 23. Of whose law, since the latest version confirms that “the pensions of the general regime for active retirees, which have been settled before September 1, 2023, will be revalued” up to “100 euros per month for the insured who have effectively contributed” . to a complete career”, without being able to exceed the threshold of 85% of the Smic “for equity with the new retirees”.
Source: BFM TV
