Pensions paid out by old-age insurance, previously indexed for inflation, will increase by only 0.3% in 2019 and in 2020 when the increase is expected to reach 1.3%, Spuntik reports.
French pensioners have taken to the streets to protest against the government's budget choices and a new increase in the generalized social contribution (CSG).
Nine unions and retiree associations (CGT, FO, CFTC, CFE-CGC, FSU, Solidarity, FGR, LSR and UNRPA) are restarting the "general mobilization" against a policy that risks "impoverishing" them.
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