October 1, 2023

Valley Post

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Forget what used to be – the scales, the gainers, the losers

Forget what used to be – the scales, the gainers, the losers

But there will also be a corrective increase of 0.3% to 0.4% for 2022 which will see the end of December 2023 for retirees.

Many retirees benefit from these increases, while some fall into the category of losers: the winners of these increases are those who have a negative, zero or minimal personal difference in their pension. Obviously, the small personal difference means that retirees will receive a raise of less than the 3.4% or 4% that was set.

The losers also include the 1,200,000 retirees who receive supplementary pensions because they will not receive any raise.

Annuities: approved procedures

  • New Pension Increases: 1/1/2024
  • Out-of-pocket increase: 2,100,000 retirees
  • Growth rate: 3% – 4%
  • Corrective increase 2022: 0.3% – 0.4%
  • Appears on: End of December 2023

Winners – Recipients:

  • Negative, zero or small: personal difference
  • Retirement: after 13/5/2016 AD

Losers – oppressed:

  • 550,000 retirees: a huge personal difference
  • They will not receive: an out-of-pocket increase
  • 1,200,000 sub: no increase

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