Pension reform: the minimum pension revalued for future and current pensioners


Europe 1 with AFP
modified to

7:44 p.m., January 10, 2023

Prime Minister Élisabeth Borne announced on Tuesday that minimum pensions would be increased for future and current retirees. They will thus reach nearly 1,200 euros per month “from this year” and cannot be less than 85% of the minimum wage. A measure which concerns “nearly two million small pensions”.

The minimum pension will be set at 85% of the net minimum wage, “i.e. nearly 1,200 euros per month from this year”, for future retirees with a full career, Elisabeth Borne announced on Tuesday, presenting the pension reform. The Prime Minister indicated that she had “decided to integrate” into the project also “the revaluation of the pensions of current retirees who have had a full career at the level of the Smic”, or “nearly two million small pensions”. Stating that this measure would be discussed with parliamentarians, “in particular” the LR group, Elisabeth Borne said that her “objective” was to see it appear in the bill which will be presented to the Council of Ministers on January 23.

“A senior index”

In addition, a “senior index” will be created to better understand “the place of employees at the end of their career”, and thus “value good practices and denounce bad ones”, added Elisabeth Borne. It will be compulsory “from this year” for companies with more than 1,000 employees, a threshold lowered to 300 employees in 2024. Recalcitrant employers will be liable to sanctions, not specified at this stage.



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