France purchasing power: Deputies and senators agree on a first series of measures.

A second part is expected to be examined mid-week.

White smoke over the parliament building. Deputies and senators reached an agreement this Monday in the joint committee on the first part of measures in favor of purchasing power, which will be definitively adopted by Parliament on Wednesday, it was learned from several elected officials.

4% increase in retirement pensions and several allowances with retroactive effect to July 1, 2022, deconjugalization of the disabled adult allowance (AAH) and the continuation of the Macron bonus that can be paid by employers: this "emergency" bill in favor of purchasing power will be validated one last time on Wednesday afternoon by the National Assembly and then the Senate. It includes 20 billion euros in expenses.

France purchasing power

Seven deputies and seven senators meeting in a joint joint committee (CMP) discussed at the end of the day on Monday the measures on which they did not agree at the end of the first reading of the bill, such as the modalities for the continuation of the Macron bonus or the early release of salary savings.

The Senate dominated by the right has also been examining since Monday afternoon in first reading the corrected draft budget for 2022, which includes the second part of measures in favor of purchasing power. A deputies-senators CMP will meet on Wednesday evening on this thornier text, the final adoption of which is hoped by Sunday.

Continuation of the energy tariff shield and the fuel rebate, revaluation of the officials' index point ... This amending finance bill opens up 44 billion euros in appropriations, including 9.7 to finance the 100% renationalization of EDF.

France purchasing power comments

- I like the principle of the Macron bonus but it is still so unfair! What happens to people who don't touch it?
I have a lot of people in my circle at the smic who have continued to work during the covid crisis and who have never seen the color of this bonus …

- 4% on a small pension is not heavy, it is better to be one of the well-off pensioners with big pensions, but anyway, 4% does not change much, neither for those who are really in need, nor for those who are sheltered from it, proceeding by percentage is unfair at the base, and it does not have much effect

- ... and coming from parliamentarians who receive between € 8,000 and € 12,000 per month, we can still see the level of contempt of these haves with regard to small pensions and "toothless"!

- We'll talk about it again when it comes to pension reform. The law on purchasing power was relatively simple, the allies of the majority wanting to give as little as possible, small measures were enough to pass it. But we forget far too many people, especially those who have never seen a single euro of Macron bonus (especially small businesses) and who continue to be paid the union minimum …

France purchasing power summary


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