To fight against inflation, the government has undertaken to increase the pensions which will be paid on withdrawals on August 9th. But beware, this measure only concerns basic pensions and not supplementary pensions.
In order to relieve the purchasing power of withdrawals in the face of galloping inflation, the government has promised an exceptional revaluation of retirement pensions for the month of July, which will be paid on August 9th. This unmentioned measure only concerns basic pensions and not supplementary pensions, recalls Capital. Lawyers, who have their own system, are not affected by this boost.
As a reminder, the self-employed and private sector employees benefit from a basic pension that cannot exceed 50% of the social security ceiling, set in 2022 at 3,428 euros. In other words, their basic pension cannot exceed 1714 euros. Only this amount may be subject to revaluation. Capital further recalls that the level of revaluation is established, every 1 November, by the social partners. The higher the pension, the less the revalued pension share will be.
Uncertainties remain
For civil servants, their basic pension constitutes the majority of their pension. Set up in 2005, their supplementary pension (additional public service pension) only allows contributions to be made up to 20% the amount of the annual gross index salary. In practice, therefore, the boost from the executive will affect a larger part of their pension.
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According to our colleagues, however, uncertainties remain as to whether or not a differentiated revaluation will be implemented according to income from withdrawals. On the side of the government, it evokes a revaluation taken in relation to the rate of inflation. Question on RTL on May 24, the Minister of Labor Olivier Dussopt had evoked a revaluation 4%. It remains to be seen whether this figure will be applied in practice.
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