The revaluation of pensions will not finally take place on August 9


We expected it, it is now a certainty: the 4% increase in basic pensions will not finally take place this Wednesday, August 9, as initially planned. At issue: a legislative schedule that is too tight to meet this deadline, says Capital. The National Old Age Insurance Fund (Cnav) had to wait for the promulgation of the law on purchasing power which incorporates this exceptional measure. It took place this Wednesday in Parliament. But the Constitutional Council can still be seized to verify that this text is in accordance with the Constitution. Finally, this new law will have to be published in the Official Journal to be applied.

The 15 million pensioners affiliated with the CNAV will therefore have to wait to see the amount of their pension inflate. But until when ? The organization has not given an official date but Capital believes that this revaluation could take place during the next payment, that is to say on September 9th.

It was a promise from the president. He was still in the campaign, moreover, when he undertook to revalue retirement pensions. The Head of State, who was then to face Marine Le Pen, had announced that in the event of re-election, he would raise the standard of living of pensioners to that of inflation, so that they would not suffer a loss of purchasing power. Then, after the victory of the president-candidate, the promise was reviewed, detailed: a date was announced, long before the theoretical entry into force of the revaluation, and the amount to be won specified. Therefore, recalls Capital on its site, it was recorded that the increase in pensions, set at 4%, would concern all those from the basic scheme from July 2022.

This announcement was surprising to those less familiar with the situation. Indeed, retirement pensions are not paid in the month corresponding to their payment. Very concretely, this means that you have to reckon with a lag so as not to be surprised… and that an increase in pensions due for the month of July 2022 will only be felt by the insured from August. From August 9, very precisely, since it is on this date that pensions are paid.

This timetable commitment, made in particular by the Minister of Labor Olivier Dussopt, may have seemed difficult to keep… Since it was based on the final adoption of the purchasing power bill. However, the President of the Republic was unable to obtain the absolute majority he might have needed to easily pass his measures, as Planet has already explained.

The fact is, reports Le Figaro, that the law on purchasing power was finally adopted (at least partially) by parliamentarians. Several measures are therefore now effective, as may be the case for the increase in the minimum wage or the increase in the rate of remuneration of the Livret A. What, then, of the revaluation of retirement pensions?

The National Assembly, continue our colleagues, voted for the revaluation of many social benefits from July 1. Such upgrades are retroactive but some changes still need to be confirmed in Parliament. The same is true, specifies the national daily, for retirement pensions and the 4% increase in their amount.

The adoption of the law relating to purchasing power is not the only obstacle to a timely revaluation of the level of pensions. We must also take into account, Capital emphasizes, the time necessary for the proper application of such a measure.

The National Old Age Insurance Fund (Cnav) is responsible for paying the basic pension to more than 14 million retirees. It will necessarily take time to calculate the actual amount of the revaluation for each of its pensions… and to inform the information systems.

Questioned by our colleagues, the Cnav did not want to give a precise timetable.