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From October, more than a million pensioners will receive an average bonus of 720 euros. A generous and very interesting payment for these seniors. But they have been waiting for this bonus for a year, so its late arrival is not surprising.
Indeed, if this bonus exists, it is due to successive delays in the upward trend in small pensions. To avoid harming anyone, Cnav will ensure payment for the last months during which the beneficiaries did not benefit from the increase.. But why such an increase?
A revaluation that pensioners have been waiting for since 2023
In 2023, the State confirmed the revaluation of the minimum contributory amount as part of the pension reform. This significant change, which beneficiaries have been eagerly awaiting, has so far only applied to 600,000 of the 1.7 million pensioners concerned. For others, the good news is finally coming.
The minimum contribution guarantees a minimum income for pensioners who have validated enough quarters to receive the full rate. In 2024, this pension amounts to 733.03 euros for those who gave 120 quarters, an amount that rises to 876.13 euros for those with more than 120 quarters.
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The pension reform brings significant changes, including this increase in the minimum contribution amount. This increase affects almost 1.8 million pensioners, although only a few hundred thousand have benefited so farwith an average increase of 50 euros.
Patience is coming to an end
Pensioners who are still waiting for this increase feel relieved. Renaud Villard, director of Cnav, just after announcing that the revaluation will take effect in September 2024. He explained the delay due to the complexity of the administrative procedures, but he assures that the situation is being regularized.
To benefit from this revaluation, elderly people must have a pension with a minimum rate of 50% and they have certified at least 120 quarters. Although the increase can reach 100 euros, the average is an additional 60 euros per month.
The government’s commitment toan increase of 100 euros per month will not apply to all pensioners. Only those who worked mainly in the private sector, as self-employed workers or in the agricultural sector with salaries close to the minimum wage, will benefit from the full increase.
Retroactive measure for retirees
Pensioners will not fear financial losses due to delays. The measure is retroactive, the payment on October 9 will include the twelve months of unpaid revaluation. So this provides a significant additional sum.
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With an increase of 100 euros per month, that equates to 1,200 euros. Otherwise, correspondence 60 euros on average for 720 euros. So this exceptional payment only exists because of the delays. These come from the complexity of the procedures. More than a million people are still waiting to receive a higher minimum contribution.
This revaluation comes at the right time for many retirees. The payment rewards months of patience and uncertainty. He also reminds us that the reform only extends the working hours of the French. Certain measures aim to strengthen the purchasing power of the more modest.