Debate Intensifies Over Retirees' Living Standards in France
A new study reignites discussion as the French government plans to delay pension indexation amid budget cuts.
- The study by Asterès claims retirees have a higher standard of living than active workers when considering imputed rents and overall wealth.
- Retirees reportedly have a lower average monthly income than active workers, but their wealth and property ownership boost their living standards.
- Government plans to postpone pension indexation until July 2025 aim to save €4 billion, drawing criticism from opposition parties.
- Retirees possess more substantial assets, with an average net worth exceeding €300,000, compared to younger populations.
- The poverty rates for retirees over 65 are among the lowest in France, contrasting with higher poverty levels among those under 18.