Sunday, October 9, 2016

Freezing of retirement pensions – ladepeche.fr

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Unsa  retirees has not had gain of cause

The Unsa retirees has not had gain of cause

No increase in November. Pensions supplementary pensions of the employees and executives of the private will remain frozen for the third consecutive year in 2016, due to the low inflation, announced yesterday plans Agirc and Arrco. A decision motivated by low inflation.

The social partners, the managers of these two regimes, gathered in the board of directors, have “arrested the parameters used in the calculation of pensions and contributions”, according to a press release.

“the assumption of The inflation forecast published by the Insee, being very close to zero for the year 2016, the value of the points Agirc and Arrco (which determine the amount of the pension, editor’s note) remains unchanged “. Therefore, the pensions would not be increased.

According to the agreement of October 2015, the pensions should be uprated to a point below inflation for three years, a provision that the pension may not decrease if inflation is zero.

The agreement must allow for 6.1 billion euros in savings by 2020 to replenish the funds of the Agirc-Arrco, the heavily loss-making.

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