Purchasing power: the revaluation of pensions postponed to September


Initially, the revaluation of 4% of July pensions was to take place on August 9. Monkey Business Images/Monkey Business – stock.adobe.com

Retirees will have to wait a month longer than expected.

Retirees who hoped to see their pension increase in August will have to be patient… Due to the late vote (August 3 for the 2022 amending budget) of the two components of the government plan to support the purchasing power of the French , the 4% increase in July pensions which was to take place on August 9 will be effective a month later, on September 9, the National Old Age Insurance Fund (Cnav) said on its website on Monday. “The timetable for the parliamentary examination of this law did not allow the pension insurance to deploy this revaluation on the payment of the July pension paid in August., is it thus justified. For nearly three weeks, deputies and senators have indeed torn over the text presented by the Borne government, which contains Emmanuel Macron’s campaign promise to anticipate the indexation of pensions to inflation this July. galloping year.

SEE ALSO – France: the National Assembly definitively adopts the end of the purchasing power package

Do not panic for all that for retirees, since if this revaluation supposed to partially compensate for the 5.5% inflation expected over the whole of the year by INSEE was not paid in August, it will be. retroactively in September. In other words, pensioners will benefit from a double revaluation of their basic pension next month before a return to normal in October. It will be the same for the pension of right, the survivor’s pension, the allowance of solidarity to the old people and the additional allowance of invalidity. On the other hand, all the other revaluations of 4% recorded – family allowances, active solidarity income, or the allowance for disabled adults – will be paid on August 18 retroactively to the date of August 1er July. The same applies to the increase in the index point of 3.5% for civil servants, which will be displayed on the salary for the month of August for the month of July.

SEE ALSO – Purchasing power: MPs vote to increase pensions and social benefits by 4%



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