Pierre Madec estimates that retirees would bear nearly 60% of the 2027 budgetary effort

On Tuesday, the National Assembly relaunched debates on the 2027 budget. The deputies returned to the draft budget presented by the government, after a week of interruption dedicated to the examination, then the rejection, of the Social Security financing bill. The government wants to make the French contribute in order to contain the public deficit.

Pierre Madec, economist at the French Institute of Economics (IFE), has, in this context, published an analysis on the way in which the effort requested from households is distributed in the initial version of the 2027 draft budget. According to him, if the copy were adopted as is, retirees would indeed be the first to be affected: they would assume almost 60% of the requested effort.

Pierre Madec focused only on the main measures affecting households: the under-indexation of pensions above 1,260 euros per month, the capping of the 10% reduction on retirement pensions, the freezing of the civil service index point, the non-revaluation of the activity bonus and the monthly base of family allowances, the freezing of housing aid and the refocusing of the back-to-school allowance (ARS). “The under-indexation of pensions is the measure that causes the most losers,” according to Pierre Madec of the IFE, in Les Echos.

In addition to retirees, other categories of households would be affected by the measures planned in the 2027 draft budget.

According to the IFE's analysis, all of these measures would lead to an unequal distribution of the effort required of different categories of the population.

Machine-translated from French