Pension uprating date moved from 1 October to 1 January
The 2018 Social Security Financing Act moves the annual uprating date of basic retirement pensions from 1 October to 1 January. The next uprating is set for 1 January 2019, so there is no uprating on 1 October 2018. The minimum old-age allowance (ASPA) moves from April to January from 31 December 2018.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
Retirees in the general scheme and aligned schemes received no uprating of their basic pension on 1 October 2018; the next uprating took place on 1 January 2019. Savings estimated at €380m in 2018 for basic schemes according to the impact assessment.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
Possible referral to Constitutional Council
Décision de conformité / censure partielle
National Assembly has the final say
Si échec CMP
Joint committee
Désaccord éventuel
Debate and vote
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)