Significant Increase in Pensions: Who Benefits and How? Implementing Decrees Explained

2023-08-15 10:54:21

According to a decree implementing the pension reform published in the Official Journal on August 11, some 1.7 million pensioners will benefit from a significant increase in their pensions from September 1. Who exactly are the retirees covered by this decree?

According to the Ministry of Labour, Full Employment and Integration, the minimum pension will be revised upwards and will increase by 100 euros per month. “ The minimum pension will increase by 100 euros per month for a full career. An employee with the SMIC all his career will have a pension of 85% of the net SMIC “says the ministry on its website.

700,000 retirees concerned from autumn 2023

Thus, for people who retire next September, their pensions will increase by around 100 euros, which represents an increase of 1,200 euros over one year. However, this valuation is applied under two conditions. The beneficiaries include salaried workers, craftsmen and traders who have had a full-time career at the minimum wage. According to the Ministry of Labour, this measure will affect around 1.7 million retirees. In detail, 700,000 retirees will benefit from this fall and 1 million from spring 2024.

What do the new implementing decrees provide?

As a reminder, on August 11, not one, but six new application decrees were published in the Official Journal. Small pensions and harsh working conditions are at the heart of these changes. For retirees who continue to work, new opportunities will be created to improve the amount of their pension.

Retirees exposed to risks such as awkward postures, noise or carrying heavy loads will get more points on their professional prevention account (C2P), thus expanding their rights, in particular to reduce their working time. Two other decrees offer important advantages. One extends the end-of-career arrangement by combining employment and retirement for civil servants and the liberal professions. For the other, it concerns caregivers, who number 500,000 in France, offering them old-age insurance.

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