Caf will soon pay benefits, a 13 million French people

by time news

2024-09-11 09:10:12

Change of date for payment of social benefits.

This is a payment that usually settles like clockwork. On the fifth day of each month, the Family Allowance Fund (CAF) pays 13 million French people to compensate them for unemployment (RSA), to help them pay for their home (APL), to cover household expenses for children (Paje, family allowances), or to supplement the salary (performance bonus).

This transfer, scheduled for the same day, allows beneficiaries to manage their budget as best as possible. But in October, there will be something left. And it won’t be bad news. If the date is always fixed, it may happen that it is different depending on the calendar. In fact, Caf does not carry out transfers on Saturdays or Sundays. And in order not to hurt the recipients, it may happen that you send money earlier than usual.

This will be the case for the month of October. The calendar predicts that the 5th falls on Saturday. From then on, the social benefits will be transferred on Friday October 4. So the money will arrive the same day, the next day … or the next Tuesday, at the latest, in the accounts of the benefits.

“The actual payment into your account varies depending on the bank establishment regardless of the payment date, so you will have to wait between 1 and 3 days before you see the amount that appears in your account” indicates Caf. However, it should be noted that transfers are generally not counted on Mondays, as most banks are closed. So the money will arrive between Friday October 4 and Tuesday October 8.

In this scenario where the 5th falls on a Saturday, the Caf does not wait until the following Monday because this can cause serious concern for the interests’ finances. This is the first and last time that this situation will occur in 2024. In 2025, this will happen twice since allowances will be paid earlier in April and July in the calendar. Also, they will arrive later in January and October because the fifth day of these months will fall on a Sunday.

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