The 4% increase in pensions, promised by the government, is paid this Friday. But the actual gain varies by status.
It is this Friday that the 4% revaluation of pensions, promised in early July by Emmanuel Macron, will be paid. A welcome measure for retirees in this period of galloping inflation. But which is similar to a promise of Gascon. And for good reason, it will not affect all retirees in the same way, civil servants being once again favored over private sector employees. ” The revaluations due to inflation remind us once again of the differences in treatment between the schemes and the statutes. It widens the gaps between the schemes which have an obligation of financial equilibrium and the others, » emphasizes Valérie Batigne, founder and president of Sapiendo, a firm specializing in retirement. Explanations.
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The anticipated 4% increase decreed by the government only applies to pensions under the basic schemes (with the exception of the independent scheme for lawyers). It does not concern supplementary pension schemes, which are either independent schemes or schemes managed by the social partners, such as Agirc-Arrco for employees.
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However, a retiree’s pension is partly made up of a pension paid by the basic scheme (e.g. for employees, Carsat) and a pension paid by the supplementary scheme (e.g. for employees Agirc-Arrco). But with a very variable weight. Thus, the basic pension represents approximately 98% of the pension of civil servants, 70% for a non-executive employee and only 50% for an executive employee, indicates the Sapiendo cabinet. The impact of the promised revaluation will therefore in reality result in a very variable total pension increase depending on the status.
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For an executive whose basic pension weighs only 50% of the pension, the gain will in reality only be 2%. The non-executive employee whose basic pension weighs 70% will have a gain of 2.8%. Finally, for the civil servant whose basic pension weighs 98%, the gain will be 3.9%. “Pension systems are not converging but they will diverge even more due to inflation. Inflation will accentuate the differences between the French” believes Valérie Batigne.
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Without forgetting that the retroactive revaluation to July 1, 2022 of 4% is an advance compared to that provided for in January by the Social Security Code. Clearly, if inflation stagnates, the revaluation remains acquired. And if inflation continues to rise, a new revaluation should apply in January, as provided for by the Social Security Code.
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