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France to Increase Basic Pensions by 2.2% Starting January 2025

The adjustment, tied to inflation, follows the collapse of the Barnier government and the application of default legal provisions.

  • The French government has confirmed a 2.2% increase in basic pensions effective January 1, 2025, impacting 17 million retirees.
  • This adjustment aligns with the inflation rate and is mandated by the Code of Social Security in the absence of an approved budget for 2025.
  • The average monthly pension will rise by €18, with payments reflecting the increase starting in February.
  • The increase follows the parliamentary censure and fall of the Barnier government, which had proposed a smaller 0.8% increase to reduce public spending.
  • Future changes to the pension revaluation could occur if a new Social Security budget is passed after December 31.
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