Pensions will be partially increased, as explained by Finance Minister Laurent Saint-Martin, in an interview given this Monday to the France 2 chain. From 1 January all pensions will rise by 0.9% and from 1 July pensions will be revalued below the minimum wage (EUR 1,398.70) so that they "do not lose purchasing power", according to the Finance Minister. Inflation, however, will increase by 1.8 per cent next year, according to forecasts by the Government of France. He calculated that the increase in pensions in January will cost more than EUR 800 million.
Pensions will be increased in January thanks to the pact reached by the Republican Party with the right.