extra new retirees affected | EUROtoday

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This is extra of a affirmation than a revelation. In 2024, 185,000 individuals who will retire ought to profit from the rise in small pensions: i.e. 30 euros extra per thirty days, on common, because of the reform of our pay-as-you-go system adopted in 2023. This determine comes from of a survey launched Thursday February 29 by the Directorate of Research, Studies, Evaluation and Statistics (Drees), an unbiased service positioned below the supervision of Bercy and the Ministry of Labor. The outcomes correspond roughly to these offered by earlier simulation workouts. However, they don’t reply all of the questions associated to the implementation of a measure which had fueled controversy.

Read additionally: Article reserved for our subscribers Pension reform: the minimal quantity of 1,200 euros will concern “a very small number of people”

The word printed Thursday focuses on a provision of the legislation of April 14, 2023, which materialized a marketing campaign promise from Emmanuel Macron. He had dedicated to elevating the minimal pension, in order that it reached 85% of the web minimal wage (i.e. virtually 1,200 euros at current), for individuals with a “full career” – that’s to say eligible for a full-rate pension. The purpose was to enhance the quantities paid to those that have labored all their lives with low pay. With this in thoughts, the chief has elevated the extent of the “contributory minimum” (the “MICO”), the rise with the ability to go as much as 100 euros per thirty days, below sure circumstances.

This innovation, which was typically portrayed as one of many “social” counterparts to the postponement of the authorized retirement age, was the supply of a violent controversy, in the beginning of 2023, throughout the examination of reform in Parliament. Several members of the federal government offered the brand new MICO in inaccurate phrases – “lies”, even, within the eyes of the opposition. One of the questions that arose on the time was how many individuals would obtain the 1,200 euros magnified within the govt's communication.

Correcting gender inequalities

The Drees research doesn’t present a solution. Likewise, it doesn’t point out the variety of people receiving the utmost improve (i.e. 100 euros extra per thirty days). However, the info disclosed on Thursday offers some fascinating classes. The transformation of MICO results in a right away improve within the variety of new retirees entitled to the system: their proportion needs to be 30% in 2024, a rise of 4.3 factors in comparison with the state of affairs the place the laws wouldn’t have modified .

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