the government wants to postpone the revaluation of pensions to save money

by time news

Published on 02/10/2024 20:55


Updated on 02/10/2024 21:17

Video length: 2 min

Budget 2025: pensioners could be asked to reduce the debt
The French government needs to get 60 billion euros to reduce the French deficit to 5% in 2025. If 20 billion came from increased taxes, 40 billion would still be available. One of the options being considered is saving on retirees’ pensions. Therefore, the revaluation of pensions could be postponed from January to July, saving four billion euros.
(France 2)

The French government needs to get 60 billion euros to reduce the French deficit to 5% in 2025. If 20 billion came from increased taxes, 40 billion would still be available. One of the options being considered is saving on retirees’ pensions.

To renovate his house, Éric Simon decided to do everything himself to save money. His adjusted pension will not be increased on January 1, but on July 1, six months later. He receives 1,900 euros net per month. If his pension were increased in January, he would have received around forty extra euros per month: “It would be nice to be able to eat a little bit and buy better quality staple foods.”

Although the economic situation in France is worrying, this measure could allow the State to free up around three billion euros in 2025 and would affect 17 million retired people. They are not necessarily happy with this idea: “Money has to be taken elsewhere, it’s always the same people who are worried and punished,” A pensioner regrets.

See the whole reporting in the video above.

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