Every day is enough for retirees. After the announcement of a probable freeze of basic retirement pensions for the year 2026, then of theabsence of revaluation of supplementary pensions from the private Agirc-Arrco, from the reform of the 10% tax reduction which is reserved for them, their pension could completely drop in 2027. The direct consequence of the suspension of the pension reform promised to the left by Prime Minister Sébastien Lecornu, and confirmed in a corrective letter presented Thursday October 23 to the Council of Ministers.
Because the government is planning to “compensate” for this pausing of the reform, and the gradual increase in the retirement age as well as the number of quarters to be validated for a full pension. “This is why financing arrangements were proposed in the initial text. These will also be debated over the coming weeks.specifies a press release published by Matignon today.
Basic pensions frozen in 2026 then undervalued by 0.9 points in 2027?
The compensation discussed in the Social Security financing bill, the examination of which must begin in the Social Affairs Committee of the National Assembly on Monday October 28? Nothing other than a new contribution from retirees. Retirees already hit, in the Social Security budget, by a freezing of their basic pension in 2026 then by an under-indexation of 0.4 points in relation to inflation until 2030, “in view of the relatively high standard of living of their beneficiaries (retirees, Editor’s note) in European comparisons and the increase in their savings rate in recent years”it is written in the bill. To finance the cost of suspending the reform until January 1, 2028, estimated by Matignon at 100 million euros in 2026 then at 1.4 billion in 2027, the executive intends to go further and is considering “an under-indexation of pensions of 0.9 points in 2027”reveal Les Echos.
Knowing that inflation anticipated by the Banque de France would be limited to 1.3% in 2026 and that the rule for revaluing basic pensions on January 1, 2027 is based on the annual evolution of prices excluding tobacco over the period November 2025-October 2026 compared to the period November 2024-October 2025, applying an under-indexation of 0.9 points would at best result in an increase by 0.4% (1.3 – 0.9). After the freezing of basic pensions envisaged for 2026then such under-indexation in 2027, a former private sector employee receiving a net pension of 1,400 euros (including 980 euros of basic pension) would suffer a monthly shortfall of 9.8 euros in 2026 then 8.8 euros in 2027.
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