Retirement pensions, social benefits, exceptional purchasing power premium: as provided for in the Social Security Financing Act (SFSA) 2020 published in Official Journal December 27, 2019?
At 1er january 2020
The amount of most pensions is increased by 0.3%.
Retirement and invalidity pensions of a gross amount equal to or less than €2,000 increase their share by 1% (indexing to inflation at 1er January 2020). For those that exceed this threshold by very little €2,000 per month, they are also revalued but at a lower rate (0.8%, 0.6% or 0.4% depending on the level of pensions).
The maximum amount of the Solidarity Allowance for the Elderly (Aspa) will go to €903.20 per month for a single person.
At 1er april 2020
This upgrading is also 0.3% for family benefits and allowances.
By June 30, 2020
The possibility for employers to pay some of their employees an exceptional purchasing power premium up to €1,000 per beneficiary shall be renewed. This premium is exempt from income tax and all social contributions and contributions.
