Wednesday, 26 January, 2022

Purchasing power: the government is attacking the wealthiest retirees


Seniors are a part of the population not spared by the government. Older people will eventually see red.

Purchasing power: the government is attacking the wealthiest retirees

Since the start of the five-year term, this is the third time that the government has bet on retirees and cut back on their purchasing power. The government targets those who have a pension of more than 2,000 euros per month. First, there was the controversial increase in the CSG: 1.7 points, a rate that went from 6.6% to 8.3%. Then, the non-indexation of the retirement pension to inflation. Retirees who receive less than 2,000 euros per month will see their pensions increase by 1.3%. If they earn more than 2,000 euros, it will be a freeze.

A quarter of the retirees concerned

Added to this is the housing tax which will not be removed for those who receive more than 2,000 euros per month. On January 1, so-called wealthy retirees will see a drop in their purchasing power. They represent only 25% of retirees.