Basic state pensions uprated by only 0.3% in 2019
By derogation from indexation on inflation (Article L. 161-25 of the Social Security Code), benefits and income ceilings covered by that article, including basic retirement pensions, are uprated by 0.3% for 2019. The minimum old-age pension (ASPA), the supplementary invalidity allowance, the widowhood allowance, the RSA, solidarity unemployment benefits and the asylum seeker allowance, among others, remain indexed to inflation. The bill provided for the same rule in 2020; that extension was declared unconstitutional (decision no. 2018-776 DC).
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
Affects basic-scheme pensioners: a 0.3% increase on 1 January 2019 instead of about 1.5% under the indexation rule, according to the Senate report (1.2-point under-indexation). Estimated saving of €2bn in 2019 for basic pension schemes.
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 Ă©chec CMP
Council of Ministers
Validation interne