Why some retirees might not receive the minimum pension of 1,200 euros?

Barthélémy Philippe, edited by Romain Rouillard 06:17, February 13, 2023

The famous minimum retirement pension at 1,200 euros has lead in the wing.

During the presentation of the pension reform project, the government nevertheless assured that all employees, who can justify a full career contributing at the full rate to the minimum wage, could benefit from a minimum pension equivalent to 85% of the said minimum wage. 

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- Pensions: the government's concession which could increase the number of early departures

The government has communicated extensively on this measure, suggesting that nearly two million retirees could benefit from it.

However, according to economist Michael Zemmour, the reality would be much less brilliant than expected and this flagship social measure of the text would no longer display the same ambitions.

"An increase in small pensions"

“There is no minimum pension reform of 1,200 euros. There is an increase in small pensions. This will concern around 20% of new retirees for an average amount of 33 euros and 10% of current retirees for a average amount of 56 euros, so it is a revaluation, there is no doubt. On the other hand, the only way to be able to pass the bar of 1,200 euros, is to be already at more than 1,100 euros since the revaluation mentioned will have a maximum revaluation of 100 euros". 

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Still according to this economist, barely 5% of retirees, whose pension is less than 1,200 euros will pass this course thanks to the boost from the executive.

Thus, if the reform were adopted, one in four retirees would still receive a pension of less than 1,200 euros.

A figure very far from the ambition displayed by the executive.