In a few days, a recent modification to the Social Security Code will lead to an increase in contributions for many French people. An increase which will actually reduce their net income.

In a few days, a recent modification to the Social Security Code will lead to an increase in contributions for many French people. An increase which will actually reduce their net income.

Starting next Monday, a significant regulatory change will financially impact several hundred thousand French people. Indeed, from July 1, 2024, Decree No. 2024-484 of May 30, 2024 will increase the social security contribution rates of certain self-employed people, a regime under which nearly 3 million people work in France. .

More precisely, it is the self-employed carrying out a liberal activity, whether regulated or not, subject to the Non-Commercial Profits regime who will see their contributions increase from next Monday. In detail, this increase in contribution rates will differ depending on the pension fund to which the self-employed person is affiliated.

For those registered with the general Social Security scheme for the self-employed (SSI), the rate will be gradually increased by 5 points over 3 years, from 21.10% on 1^er January 2024 at 23.10% on 1^er July, then 24.60% in 2025 and 26.10% in 2026. For a turnover of €10,000, this represents a jump from €2,100 to €2,310 in contributions on 1^er July 2024, then €2,610 in 2026, an increase of almost 24% at the end of the day.

For independent self-employed people attached to the Caisse Interprofessionnelle des Prévoyance et d’Assurance Vieillesse (CIPAV), which manages the contributions of most regulated professions, such as surveyors or accountants, the overall increase will be less significant and will be done in one go.

For these self-employed people, the contribution rate will only increase by 2 points, from 21.20% to 1^er January 2024 at 23.20% on 1^er July of the same year. On a turnover of €10,000, this time this represents an increase from 2,120 to 2,320 euros in contributions, an overall increase of almost 10%.

This increase in the level of social contributions for self-employed self-employed people is not free and has a dual objective: to align the contribution rates of these workers with those of other independent professions, and to allow them to contribute to and receive a supplementary pension, from which they were until now excluded.

However, the measure is not unanimous among organizations representing self-employed people. For the National Federation of Self-Employed (FNAE), these new rates would generate an average supplement of €900 per year on retirement pensions, for an additional annual contribution of €500, a beneficial operation therefore.

For the Union of Auto-Entrepreneurs (UAE), on the other hand, this increase in contribution rates would be unsustainable for the self-employed workers concerned, and additional retirement rights would be vague and incalculable. The organization is also taking advantage of the early legislative elections to question the various candidates on the entry into force of this decree and call for the opening of negotiations on this subject.