All amounts, thresholds and criteria (or almost all) relating to retirement are revalued in 2024. Including the minimum threshold of income earned to sufficiently contribute to Retirement Insurance and validate rights and quarters.
Each year, the remuneration necessary to validate a quarter, counting towards your future retirement, is revalued at the rate of inflation. Or more precisely at the rate of the increase in the minimum wage.
Retirement Insurance published on January 9 the circular noting the developments resulting from the revaluation of the minimum wage in terms of old age insurance.
So here is the gross salary!) that you need to earn over 3 months to validate a quarter for your retirement in 2024: 1747.50 eurostherefore 3495 euros for two quarters and 6990 euros over the year for four quarters.
A person working on the full-time minimum wage will therefore validate all these quarters like every year. This threshold is more problematic for young workers without a fixed contract, or for workers who do not have real regular income. You must earn on average more than 583 euros gross per month to contribute enough for your retirement validate your quarters.
What about self-employed workers?
Retirement Insurance (Cnav) is also the reference fund for self-employed workers in the private sector. In their case, the contribution amounts retained in 2024 to validate quarters are:
- 310 euros for validation of a quarter;
- 620 euros for validation of two quarters;
- 1241 euros for validation of four quarters.
At what age can I retire? *
| Legal retirement age ** | — |
| Number of quarters required ** | — |
| automatic full rate age ** | 67 years old |
*As of 1er September 2023, the legal retirement age will be gradually raised by three months per year to reach 64 years in 2030, compared to 62 years today.
** Source: government pension reform project presented on January 10, 2023.
NB: This is a simplified simulator which presents general cases. For a personalized simulation, go to the simulator retirement info site.
Retirement: how much does a quarter buyout cost in 2024?