Pension reform will benefit 185,000 new retirees in 2024. But the gains could be less than expected.

Despite its cost for public finances (1.6 billion in 2026), this promise from Emmanuel Macron to have pension reform accepted risks leaving many French people wanting more. To pass the pill of raising the starting age from 62 to 64 years, the Head of State committed to ensuring that a person who had worked their entire career in the private sector would receive a minimum pension equal to 85% of the net minimum wage.