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The return of inflation will exacerbate the struggle between the generations

2021-12-05T16:28:16.870Z

Retirees and workers, especially young people, have divergent interests. Emmanuel Macron's five-year term will end as badly as it started for retirees. In the name of the so-called "supply policy" supposed to support the activity, they were rewarded from the outset with a 1.7 percentage point increase in the CSG on their pensions (although the executive subsequently backtracked for the more modest). And today inflation is mechanically reducing their purchasing power. S



Emmanuel Macron's five-year term will end as badly as it started for retirees.

In the name of the so-called "supply policy" supposed to support the activity, they were rewarded from the outset with a 1.7 percentage point increase in the CSG on their pensions (although the executive subsequently backtracked for the more modest).

And today inflation is mechanically reducing their purchasing power.

Supplementary pensions have certainly been revalued by 1% on November 1 and the basic pension will be 1.1% on January 1, 2022, a far cry from the rise in consumer prices of 2.8% over the last twelve months. .

See also

Inflation returns, concern grows

Should we conclude that the 16.7 million retirees will be the big losers from a return to inflation?

Nothing is less sure.

They are undoubtedly bound hand and foot because unlike the active they can no longer work or change jobs to restore their image!

But the fate of employees is hardly more enviable in the

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Source: lefigaro

All news articles on 2021-12-05

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