Retirements: Government Wants to Freeze All Pensions Beyond 1260 Euros in 2027
15 Articles
15 Articles
1260 euros, this is the threshold above which pensions will not be indexed to inflation. Thus the government decided at the presentation, in the Council of Ministers, on Thursday... Read Budget 2027: Are pensioners going to be the turkeys of the farce? appeared first on Current Values.
Of the 18 million pensioners in France, only those receiving less than EUR 1 260 per month will have their pension indexed to inflation. The government wants to freeze pensions above this threshold to save EUR 4.1 billion. To reach EUR 5.5 billion in savings, the government plans to reduce the 10% reduction in professional costs for all pensioners from EUR 4 439 to EUR 3 000. These measures will be discussed in Parliament. (Economy).
The government, which wants to recover EUR 5.5 billion in this field of social protection, aims to save 4 billion thanks to under-indexing or even a freeze on pensions in excess of this amount. It also intends to change the 10% reduction for pensioners.
The government plans to save 4.1 billion euros on retirement pensions next year, said the Minister of Labour, in an interview with Challenge magazine.
It is clearly written in the 2027 budget documents: for pensions whose total amount, base and supplement, exceeds "the guaranteed pension level for a person with a full career", i.e. 1,260 euros, the government may apply a revalorisation below inflation. The scheme provides for two possible levels, [...] The article In the budget, the "easy" retiree starts at 1,260 euros a month has appeared first on Counterpoints.
In the face of the draft Budget 2027 and the possible freezing of retirement pensions, concern is rising among older people with modest and medium incomes. If the government wishes to preserve the smallest pensions, pensions above certain thresholds could be reduced or even frozen. Will retirees be on the front line to contribute to Budget 2027? This is in any case what the government suggests, who is planning to ask them for an effort in the ne…
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