Revaluation of supplementary pensions: what increase in November?


Inflation obliges, the French men and women have to deal with a drop in their purchasing power. This state of affairs, which concerns almost all households in the country, strikes with particular vigor those individuals who are not in a position to increase their income. Without additional remuneration, it is indeed not possible to run after rising prices and this is, unfortunately for them, the situation faced by most retirees.

Unlike assets, they cannot particularly demand a raise from their boss. In addition, if it is possible to return to work after the cessation of activity, it remains more complex after a certain age…

It was precisely to deal with this kind of problem that the head of state, then campaigning against Marine Le Pen to keep the Élysée, undertook to increase retirement pensions if he were re-elected. On Friday September 9, he finally kept his promise and the retirees all received a pension increased by 4%.

The increase being retroactive, they also affected the 4% for the month of July, which should normally have been paid in August. But here it is: this increase, however welcome it may have been, only concerns pensions from the general scheme. However, total retirement also depends on the supplementary pension! For executives, recalls the economist Philippe Crevel in our columns, it even represents more than 50% of the final amount.

Fortunately, informs Capital on its site, a revaluation of supplementary retirement pensions is planned. This, which does not depend on the State but rather on the supplementary pension funds, should occur on November 1st. Conversations, on the side of Agirc-Arrco, have already been initiated.

Its exact amount is not yet known, but it should depend on the calculation formula determined by the national interprofessional agreement of 2019, which gives a small idea of ​​what it could be. Explanations.

It is the service value of the point that determines the amount of the supplementary pension. The latter then depends on the “average annual salary of nationals of the regime”, notes Capital on the basis of the document previously mentioned, as estimated for the current year. From this amount is then removed a “sustainability factor, calculated so that, in practice, the service value of the point evolves at least like consumer prices excluding tobacco”. Clearly, the revaluation theoretically follows inflation, provided that the evolution of prices does not exceed that of wages.

Given this calculation formula, we should therefore theoretically expect an increase of around 4.8%, continue our colleagues. This does not mean that this will necessarily be the case, since this amount has yet to be debated within Agirc-Arrco. Some demand a slightly stronger gesture when others remind us of the need to stick to the rule…

Whatever the amount finally chosen, it is important to remember that another revaluation is in preparation, for the general scheme once again…

The two revaluations of retirement pensions from the general scheme do not make it possible, in 2022, to offset all of the inflation, as the economist Philippe Crevel explained in our columns.

To take into account the loss of real purchasing power of retirees, the deputy Charles de Courson (Liberties, independents, overseas and territory) recently tabled an amendment aimed at allowing a new increase, financed to the tune of 500 million euros. euros. After a bitter battle at the Bourbon Palace, it was finally rejected, but all hope is not lost!

Indeed, on January 1, retirement pensions from the general scheme will naturally be increased, as provided for in the Social Security Code. The increase is then calculated according to the average price indices, taken in this case between November 2020-October 2021 and November 2021-October 2022. This is not great news for pensioners, since inflation does not wasn’t as strong then…