By Jason Mathurin – Published December 19, 2022 at 6:00 p.m
The French are concerned about the level of pensions. But the 2023 upgrade plan could change that!
In short, retirement provision is often a tricky subject. Given the low incomes of some and the decline in purchasing power, some concerns are justified. It must be said that this was one of the most important social measures promised by the Executive. Its level is also often subject to the reforms of the various five-year maturities. However, there seems to be some doubt as to how much this might amount to. In short, whether you are a young worker, a student or already retired, the question concerns us all. Emmanuel Macron had announced a minimum in his program full rate of 1100 euros. Which doesn’t quite seem eliminate the blur for this allowance. Some questions can therefore not be answered… How much you could get after the reassessment of your pension in 2023, here are some answers in the following lines…
Retirement: 0.8% increase in basic benefits expected
With inflation at 6.4%, it’s no wonder many are concerned about the future of their pensions. However, the revaluation of pensions could increase their level. Which, in short, reduces the spending of some households. You should also know that the basic old-age pension increases every year in January. This will therefore increase in January 2023. The expected increase in the solidarity surcharge for seniors made it possible to achieve 953.45 euros for a single person. And 1480.24 euros for a pair. With regard to the Social Security Financing Act (PLFSS), the State has provided: a Revaluation of 0.8% in 2023. A peak from February 9th, the date of payment of the basic pension for January 2023. This pension increase will affect no fewer than 14 million French people in total.
Those affected by this pension increase are affiliated to one of the following funds: the National Old Age Insurance Fund (CNAV), the National Fund for Local Authorities Servants (CNRACL), the State Pension Service (SRE), the National Old Age Insurance Insurance Fund for the Liberal Professions), their own pension, the survivor’s pension as well as the ASPA and the ASI. Note that with this 0.8% increase in pensions, we can expect an upwardly revised average pension amount. As mentioned above, that is around 1500 euros. which represents a monthly profit of 12 euros. A significant increase for the poorest French. It remains to be seen whether this upgrading plan will actually bear fruit.