Pensions: ambitions revised downwards on minimum pension?

The revaluation promised by Emmanuel Macron during the presidential campaign may not concern the already retired persons, which would constitute a penknife compared to the commitments made by the Head of State.

By Bertrand Bissuel

One of the main social measures promised by Emmanuel Macron as part of the pension reform will be called into question? The uncertainty, which has been hovering for several weeks, has accentuated, Thursday, December 15, during a press conference by Olivier Dussopt. The Minister of Labor was asked about the revaluation of the minimum pension to find out if it will apply to people already retired. Answer: “The subject is part of the discussions (…), so we will see how the debates take place.” He added that “the commitment that the President of the Republic has made during the campaign is a commitment to the new retirees” , which means that individuals already receiving their pension were excluded. However, the assertion of Mr. Dussopt is inaccurate and contributes, consequently, to sow doubt.

In his program for the Elysée race, Mr. Macron had written that “the minimum full -rate pension” would be increased to 1,100 euros per month if it was re -elected. Invited on TF1, April 13 -during the in -between the presidential election -he had specified that this provision would concern “new retirees” but also “all those who (…) are already retired” . In the language of senior officials, it is said that the measurement aims both the “flow” and the “stock”.

at least 1 billion euros per year

The words of the outgoing head of state did not go unnoticed because the mechanism is, of course, more expensive if it works for both categories and not for “neo-retités” alone. The additional expenditure, induced by the “stock”, is evaluated “at least 1 billion euros per year,” said Mr. Dussopt’s office. Other sources mention an invoice between 2 and 3 billion euros.

At the highest peak of the State, the question has gradually emerged: should we not reduce the sail by targeting only the “flow”? This point was raised, in particular on December 7, during dinner at the Elysée during which Mr. Macron received his main supporters to talk about pensions. In addition to the budgetary aspects, advisers explain that the revaluation of pensions for retirement individuals is complicated, technically, because the promise of the Head of State poses a condition: having fulfilled a full career-that is to say Display the contribution duration required to be eligible for the full rate. This implies heavy research on the journey of people in order to take into account their pension all regimes combined, their pension per regime, the number of validated quarters and those who have given rise to the payment of contributions, etc.

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/Media reports cited above.