The Institute of Public Policy has analyzed the mechanism of revaluation of small pensions, in a note released Thursday, February 9.
by Bertrand Bissuel
This is a study that makes it possible to lift the multiple misunderstandings around a flagship measurement of the pension reform. In a note released Thursday, February 9, the Institute of Public Policy (PPI) dissects the mechanism put in place to revalue small pensions – the objective being to bring the minimum amount to around 1,200 euros gross per month, under certain conditions . Ultimately, “a very small number of people” will reach this sum, indicate the authors of the study, but the changes made by the executive will be synonymous with more or less significant improvements for hundreds of thousands of women and men, already retired or who will take it.
Campaign commitment by Emmanuel Macron, the offending provision has fueled controversy for several weeks. Some members of the government – including Marlène Schiappa (Social and Solidarity Economy and Associative Life) – presented the 1,200 euros gross as a “floor”. Within the opposition, voices have been raised to denounce an announcement effect which would only concern a handful of individuals – “48”, even launched François Ruffin, deputy La France insoumise de la Somme.
The ambient confusion is partly due to the very great complexity of the subject. The power in place transforms a system called “minimum contributory” (Mico), applicable to private employees. The project provides for an increase of up to 100 euros per month “for new retirees with a full career” remunerated in the vicinity of the minimum wage. The “bonus” is broken down into two blocks: up to 25 euros for the “Mico-Socle” and up to 75 euros for “the increase” of the Mico, these amounts being pro-rated according to the “insurance” and “contributed”. The goal is that the retirement reaches “the target of 85 % of the Smic net”, or around 1,200 euros per month. Important clarification: this sum corresponds to the addition “of the minimum contributory and the amount of pensions of the additional regimes”, underlines the PPI 2> 54,000 new retirees concerned in 2023
The authors of the study were interested in several “standard cases”, which show that the reform will have very different effects depending on the situations. Thus, a worker, employed in the full -time minimum wage during his entire career and who has all his quarters to be entitled to a retirement at the full rate, is gave an increase in his pension “less than 100 euros” per month, but his retirement will be very “almost 1,200 euros gross” promised by the government. Another example: that of an employee who “worked all his life at the half-time minimum wage” all his life: the boost amounts to 100 euros per month, “but his smallest contributions to the complementary regime of the private [linked to his small remuneration ] allow him to reach only 1,015 euros gross after reform “.
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