The draft budget for 2025, which will be unveiled on October 10, provides for a postponement of the indexation of pensions to inflation as part of a massive effort of 60 billion euros in savings.
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It is “a double economy on the backs of retirees”denounces Wednesday October 2 on franceinfo Denis Gravouil, member of the confederal office of the CGT, in charge of employment, pensions and unemployment issues, after the announcement of the postponement of the indexation of pensions to inflation. Initially scheduled for January 1, 2025, the revaluation of pensions will take place on July 1, 2025.
According to the Ministry of Labor, this six-month postponement will make it possible to make around 4 billion euros in savings in 2025. The 5.3% increase in pensions last February, for 18 million retirees, represented an additional cost of 14 billion euros for state coffers. This revaluation will be around 1.8%, the expected amount of inflation in 2025.
“Not only does this mean that for six months we will have a reduction in retirement pensions at a constant eurocontinues Denis Gravouil, but what’s more, it brings us back to a period where inflation will likely be a little lower.”
The revaluation of the minimum wage has been brought forward to November 1st. The government also promises to involve the largest companies as well as the wealthiest households. Denis Gravouil denounces measures “provisional” SO “let us ask all those who are struggling to make ends meet to lower their standard of living”. “It doesn’t seem balanced to me,” he says. “Many pensions are much too low”explains the unionist. He therefore asks “to increase all salaries and pensions”.