Retirement: the two risks that weigh on the revaluation

The Head of State has been working on his pension reform for a long time. There are many projects on which the executive has been working since the start of this second term. One of them could affect French people much faster than changing the parameters of the intergenerational solidarity system in France could. This is the purchasing power law, which Emmanuel Macron and his troops had announced for the summer of 2022. This should theoretically include a whole range of measures, including the new inflation check as well as the extension rebates on fuel, as explained by Capital on its site.

The government, continue our colleagues, planned to make this text the first of the five-year term. With inflation standing at 5.2% over one year in May 2022, the need to protect the portfolios of French people seems obvious. All the more so, as Planet was able to explain, that the situation has everything to get worse. Some, among the bosses of large retailers, even envisage inflation at 7%… Which does not necessarily mean that the law will be passed.

Indeed: the government began to plan its action before the legislative elections… which ultimately did not go quite as planned, on the contrary. Without having lost the ballot itself, the presidential camp was unable to constitute the majority necessary for the (almost) automatic vote on its bills. Failing to have been able to forge relevant and lasting alliances, it cannot therefore be sure of being able to carry out its action.

A worrying finding for retirees, whose revaluation of pensions depends de facto on the action of parliament…

Among the government projects that have yet to be submitted to the vote of the National Assembly is in particular the revaluation of retirement pensions by 4%. Promised by Emmanuel Macron during the in-between rounds, this measure is also part of the reform of purchasing power… and could therefore not be carried out if the Head of State fails to convince the opposition. to support him.

Fortunately for retirees affected by such an increase in their purchasing power, this measure should achieve consensus, informs Capital. This does not mean that this will be the case for all the others provided for in this text…

In France, the income of retirees is generally made up of several pensions. For most employees, there is the pension from the general scheme, on the basis of which the revaluation planned for the month of August will be calculated, as well as the supplementary pension. The latter is paid by Agirc-Arrco and meets its own rules: the State is not in a position to decide on its revaluation, since arbitration is up to the social partners.

Problem ? As Midi Libre explains on its site, supplementary pensions are therefore not affected. The last revaluation observed by the beneficiaries of Agirc-Arrco dates back to November 2021 and there is no evidence that the pension fund will act this year.

“We will see in October what the level of inflation and the evolution of wages are. We manage pensions over the long term, 50 to 70 years, and cannot react to every jolt in the market or in public opinion,” said thus affirmed the director of the organization, questioned by Le Figaro.