Supplementary pensions. A revaluation of around 5% expected in November 2022

Supplementary pensions paid by Agirc-Arrco should increase on November 1, 2022. According to information from the Parisian as of Wednesday, September 21, 2022, the government has decided to provide an additional boost to counter the effects of inflation. The revaluation of the value of the point will be between 4.9 and 5.2%, slightly more than that of the basic scheme, valued by 4% on July 1st. The announcement should take place on October 6, when we will know the exact percentage of the increase.

An announced budget of +4.2 billion euros

Discussions are currently continuing within the governing bodies, with many factors having to be taken into account to arrive at a figure that satisfies all sectors. Indeed, as recalled The Parisianthe amount of supplementary pensions must be aligned with that of inflation, which reached 5.3% in September 2022.

However, it must not exceed 5.2%, because the increase in pensions must not evolve faster than that of wages (+ 4.8%) according to the law. We must also take into account the reserves of the State, estimated at 65 billion euros for the pension system. This revaluation of the value of the point should cost the government an additional 4.2 billion euros.

Yaël Braun-Pivet against a forced passage of the reform

This good news for the beneficiaries of supplementary pensions comes in the midst of a debate on a possible passage in force of the reform in the future social security finance bill. Asked by France Info this Thursday, Yaël Braun-Pivet, President of the National Assembly, spoke out against an amendment on pension reform.

“I have never been in favor of the amendments which in themselves carry an important reform because they have not been appraised by the Council of State, have not been the subject of a study of impact, have not been worked on by parliamentarians upstream” , she said. Yaël Braun-Pivet calls for real work of consultation with the various parties and the social partners. “We must both raise the retirement age or increase the number of quarters and work on long careers and hardship. So we need to make a comprehensive reform” she said.

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