PURCHASING POWER. This Thursday, September 1 marks the arrival of the first support measures in favor of the purchasing power of the French. Pensions, borrower insurance, student grants… Know everything.
[Mis à jour le 30 août 2022 à 08h29] This September 1, 2022 does not only mark the start of the school year for millions of students in France. As of this Thursday, the first measures relating to the purchasing power law adopted this summer will come into force. Significant changes at a time when inflation continues to grow (6.1% in July over one year). The purses of the most modest suffer from it, hence the importance of these aids such as the revaluation of retirement pensions, social minima, or even the significant increase in the fuel discount following the soaring prices at the pump. Also, note that borrower insurance will benefit from the start of a historic reform with the possibility for a borrower to terminate his loan insurance at any time, this is the second part of the Lemoine law which comes into force.
Within the framework of the law purchasing power massively voted by the deputies and senators, not without stormy discussions, the discount fuel will benefit from a large revaluation from September 1, 2022! Indeed, to take into account galloping inflation (6.1% in July over one year), the government has decided to raise the fuel discount available to all motorists from 18 to 30 euro cents per liter purchased at the station. service. As a reminder, the operation can also take place at the checkout, or when you pay directly at the pump. No prior calculation to be made, the price displayed is the price paid. But then, will this discount last? Until when ? Here is the schedule for the fuel discount, until the end of the year:
- From April 1 to August 31, 2022 : 18 euro cents
- From September 1 to October 31, 2022 : 30 euro cents
- From November 1 to December 31, 2022 : 10 euro cents
- January 1, 2023 : deletion?
The scholarships based on social criteria will be revalued by 4% from the back to school 2022 for the 2022-2023 academic year. This increase will apply from step 0a at 7 without distinction. Over the past two years, the amount of scholarships had increased by only 1%.
In a few days, CAF recipients will receive the RSA payment with the famous 4% increase linked to the purchasing power law. The latter was published in the Official Journal on Wednesday August 17, making it directly applicable. A retroactive effect will be applied from July 1st, only small problem, everyone will not receive the allowance at the same time in September. Why ? In reality, the declaration of income for the RSA is quarterly, the payment will therefore depend on your last declaration, two months may pass between the first payment and the last. Here is a schedule of payment dates:
- September 5 : Tax declarations in May, June and July
- October 5 : Tax returns in June, July and August
- November 5 : Income tax returns in April, May and June
With this revaluation, the amount of the RSA will reach €598.55 for a single person! As a reminder, a novelty and not the least, could appear in the weeks or months to come. The payment of RSA under conditions. One thing is certain, “the new terms will be put in place as soon as possible” indicated the Minister of Labor Olivier Dussopt. What put back on the table a highly flammable subject, widely decried by the various opposition groups, sometimes described as “volunteer”.
It is now done! The disabled adult allowance is going to increase by 4% from now on. The National Assembly has indeed definitively passed the bill on purchasing power which includes this measure in particular. For the beneficiaries of this aid, its increase will allow them to pocket 37 euros more per month. A slightly higher amount, which does not however compensate for inflation, which is nearly 6.1% in July over one year. It should be noted that if the revaluation of the AAH is definitively entered into the law on August 3, its effect will be retroactive to July 1. The next installment is expected on September 5, 2022.
since the beginning of the year, the calculation of the APL has changed. From now on, the CAF takes into account the income of the beneficiary over the last twelve rolling months, and no longer the resources dating back two years. This change resulted in a reduction in the APL for many recipients, or even its disappearance for some. Young professionals, but also students in professional contract were among the first penalized by this reform. Also, the APL amount increased on July 1, 2022 by 3.5% to account for inflation. The first payment including this increase should take place on September 5th.
Starting the September 1, 2022, the termination at any time of a borrower’s insurance contract will be possible, for all! Indeed, thanks to the new Lemoine law, all borrowers who have signed a loan contract before June 1 will be able to terminate it at their discretion. Only one condition persists: find an offer with at least equivalent guarantees. Another notable development is the end of the medical questionnaire for loans of less than 200,000 euros, and 400,000 euros for a couple. A device valid if the maturity of the loan is scheduled before the 60th birthday of the insured. Finally, the reduction of the right to be forgotten from 10 to 5 years is also planned.
The payment of basic retirement pensions supplemented by the 4% increase has been delayed in recent weeks. A retroactive effect will be applied to July 1st, but what will be the date of the first payment? Retirement insurance communicated it: September 9, 2022 for the August retirement. Delays due to the lengthening of the parliamentary calendar. The increase in pensions having only been recorded on August 3rd. De facto, the National Old Age Insurance Fund was unable to redo its calculations in time and adapt the transfers with the increase to the 15 million pensioners concerned. As a reminder, this increase should be followed by a second increase in January 2023 as announced by the Minister of Economy Bruno the Mayor during the summer.