PENSION INCREASE. The increase in pensions will take place this summer for the basic schemes. And the add-ons? What increase? We tell you everything.
[Mis à jour le 9 juin 2022 à 11h11] Retirement pensions will increase by 4% in 2022. More precisely, the basic schemes. An increase which will take place on July 1, 2022, and which will take effect from August 9, from the payment of the July retirement pension, in August therefore. Supplementary retirement pensions will not benefit from the same fate. Their potential increase remains in the hands of the social partners.
Adding to the increase of just over 1% in January, the total increase in pensions in 2022 is therefore 5%. This represents a gain of 60 euros for a retirement pension equal to 1,200 euros. “It is clear that inflation is high and that we must respond without waiting for the usual date of revaluation of pensions. I confirm that for all pensions, there will be, in July, a revaluation of 4%“. These were the words of Elisabeth Borne, this week at the microphone of France Blue. An increase of 4% which should not however completely satisfy several unions of pensioners who demanded an increase of 4.5% at least, with a retroactive effect from January 1st.
The rules for increasing supplementary pensions (Agirc-Arrco, for example) differ from those for basic pensions. These supplementary pensions are calculated from the number of points acquired during the career, to which a value of the point is multiplied. Then, the social partners decide on a possible revaluation of the value of this point. Generally, these pensions are increased every year on November 1st. In 2021, the value of the Agirc-Arrco point was revalued by 1%. It therefore went from 1.2714 euros to 1.2841 euros. Regarding these supplementary pensions, the Minister of the Economy Bruno the Mayor became clear:It is up to the social partners to upgrade supplementary pensions. We will increase the basic pensions.” So, still a little patience to know the next revaluation of the index point.
The next increase in pensions should, in all likelihood, be effective from July 1, 2022. De facto, the very first visible increase in pensions will be visible during the first payment, the following month, namely August 9, 2022. .
The increase in pensions on July 1, 2022 would be around 4%. An increase that takes into account the galloping inflation observed in recent months. According to INSEE figures, consumer prices rose 5.2% in May over twelve rolling months. And this figure is set to increase next month with inflation expected to be between 5.4% and 6%. Be aware that the revaluation of pensions concerns the basic schemes, a gain which should represent 45 to 50 euros for a pension of 1,200 euros. An additional sum that you should be able to observe on your retirement pension paid on August 9th.
The overall retirement pension for civil servants consists mainly of the basic pension. A supplementary scheme, the “additional public service pension (RAFP)”, concerns 20% of the amount of the annual gross index salary, at most. De facto, the increase in pensions on July 1, 2022 should be greater for civil servants.