Pension payments in France will increase by more than 5% from February

The French government has confirmed that the more than 14 million pensioners affiliated with the Cnav, SRE, CNRACL and CNAVPL schemes, as well as those entitled to a reversionary pension, ASI and Aspa, will see their pension payments rise by 5.3% from February.  

Pensions are annually re-evaluated in France according to increases noted in the average value of the consumer price index, excluding tobacco products, connecting the process to cost-of-living variables experienced the previous year.  

In 2023, the increase was just 0.8%.  

Supplementary schemes follow their own set of rules and therefore are not included in the state increase.  

See more: The Monegasque Supplementary Pension Fund: what’s it all about?

Click here for more information.  

Read related:

What you need to know about the pension reforms coming into effect next month

 

Join the Monaco Life community – sign up for the Monaco Life newsletter, and follow us on Threads, Facebook, Instagram, LinkedIn and Tik Tok

 

Photo source: Esther Ann, Unsplash