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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.

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Les retraités étant plus souvent propriétaires que les actifs, ils économisent, d’une certaine façon, sur les loyers qu’ils n’ont pas à verser.
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Overview

  • 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.