Purchasing power: the first measures of the government bill

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The future bill on the government’s purchasing power should contain an increase in certain social benefits such as retirement pensions. A welcome boost in the face of inflation.

The government’s forthcoming Purchasing Power Bill has partly leak in the press. According to these leaks, most social benefits such as social minima, retirement pensions, the activity bonus and family allowances should increase by 4%. A retroactive increase to July 1. However, this will not be enough to counter theinflation because at the same time, according to INSEE, the rise in prices will reach almost 7% in September.

Alternate text layout: encourage SMEs to profit-sharing, which allows employees to receive a bonus when the company has good results. The government also wants to force the bosses to negotiate wage increases more quickly, because in certain branches, these negotiations are slipping, and the employees end up receiving less than the minimum wage. This bill on purchasing power must soon be presented to the Council of Ministers.

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