French Pensioners Set to Feel Pinch Under Belt-Tightening Budget
35 Articles
35 Articles
The government wants to save 5.5 billion euros on pensioners but says it is open to discussion with parliamentarians to define the modalities of the screw-up.
1260 euros, this is the threshold above which pensions will not be indexed to inflation. Thus the government decided at the presentation, in the Council of Ministers, on Thursday... Read Budget 2027: Are pensioners going to be the turkeys of the farce? appeared first on Current Values.
French pensioners set to feel pinch under belt-tightening budget
French pensioners will be among those expected to contribute to balancing the government's books, according to the 2027 draft budget unveiled on Thursday. Pensions exceeding 1,260 euros per month will…
In order to contain the deficit to the tune of 5% of GDP, the government has announced its draft budget 2027. An effort is required, among other things, for pensioners whose pension is more than 1,260 euros. The necessary savings, according to the Minister of Economy, which claims to be open to negotiation.
In its draft budget for 2027 presented on Thursday, the government plans to save 5.5 billion on pensioners, an unprecedented and unpopular measure that will inevitably be debated in Parliament.
In order to significantly reduce the deficit in 2027, the government's draft law on the financing of social security provides for the use of pensioners to the tune of €5.5 billion.
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