Retirement at 1,200 euros: how the extension of the measure will be financed

Prime Minister Elisabeth Borne made a commitment to this on January 10, during her press conference: the pension reform bill presented to the Council of Ministers on Monday will include the extension to current pensioners of the increase in the minimum contributory. The measure guarantees 85% of the minimum wage for people who have contributed enough, i.e. nearly 1,200 euros gross.

It should initially benefit only future retirees, the executive arguing that it was a question of rewarding today’s active people, who will be asked to work longer. But the elected representatives of the majority and of LR have pushed for current retirees to also be entitled to it.