Small pensions will not be adjusted at 1 October – The World

Small pensions will not be adjusted at 1 October – The World

Due to the mechanical application of the calculation rules, which take into account the revaluation and inflation applied in 2013, retired to the lowest pensions will therefore have no euro more each month will finding and staying in the same boat as other retirees, as announced by Europe 1.

“The valuation rules because of the very low inflation in 2014 [0.5 %], lead to a stable pensions “, the ministry said AFP. The pension freeze was announced as part of the savings plan in April

Read decryption. Who falls into the category “small pensions”

The pensions of retirees minimum pension benefit however, “as the government had promised, a boost in October,” , the ministry said without indicating the size of the revaluation.

GEL EIGHTEEN MONTHS

As part of the plan 50 billion in savings by 2017, the government had decided to freeze pensions until October 2015, which was expected to generate $ 1.3 billion

in savings. Under pressure from members of the majority, the government had “committed to save the modest retirees freezing action, by applying the rules of normal pension increases” .

In the end, non-revaluation had been decided for retirees all plans (private sector employees, farmers, civil servants, artisans, etc.), receiving more than 1,200 euros (accumulation of basic pension and supplementary pensions). About half of the 15 million pensioners are concerned, for an average contribution of about 5 euros.

In fact, this amounts to a freeze eighteen months since the revaluation date Annual pensions had already been shifted this year from April to October on the occasion of the pension reform. The stabilization of the smaller pensions somehow facilitates the task of government. The partial revaluation of small pensions represented indeed a real headache for the administration.