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Retirement: Revaluation of pensions, a new blow for purchasing power?

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Next January, retirement pensions will be upgraded to 1.1%.For its part, inflation should reach 1.5% in 2022.

Crédit: iStock.

The bad news is linked.While additional pensions should be revalued below inflation, a similar news is looming on the basic retirement side.According to the report of the Social Security Accounts Committee, a revaluation of 1.1% is scheduled for January 2022.However, according to the executive, inflation is expected to be around 1.4%in 2021 and climb to 1.5%next year.What weigh on the purchasing power of retirees, as indicated by the siteprevissima.

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Each January 1st, the basic retirement evolves.It depends on the variation in the average value of the consumer price index, except for tobacco.The evolution of inflation is also taken into account.To calculate the next development of the basic retirement pension, the annual inflation included in Entrenovember2020 and October 2021 was taken into account.Like that recorded between November 2019 and October 2020.

Inflation and revaluation of retirement pensions

Retraite : la revalorisation des pensions, un nouveau coup dur pour le pouvoir d’achat ?

If INSEE figures are not yet known for the months of September and October 2021, expected by looking at the inflation rate published last August, the revaluation of pensions should flirt with 0.8%.A limited progression, linked to the low inflation observed in 2020.

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Last week, retirees have already learned that their supplementary retirement was not, a priori, not to keep the pace of inflation either.The increase in the retirement point service will be limited to 0.9%instead of 1.4%hoped.A particularly penalizing possibility for certain pensioners, of which the complementary can represent up to 60%of their pension.

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