Gross monthly amount per pensioner of direct pensions in France 2004-2017

In 2016, a retiree in France would receive a monthly gross pension of more than 1,300 euros worth of pension. Since the mid-2000s, this average gross amount of pensions per retiree of direct pensions, excluding the child surcharge, has increased. This number represented an increase compared to 2004, when the average amount was about 1,000 euros. However, a majority of French declared in 2017 that they were afraid of running out of money when they retire.

Fear of precarity in retirement

The pension level seemed low when compared to the general income level in France. In 2019, most of French citizens declared earning between 1,500 and 1,999 euros. In 2016, the average annual standard of living per individual in the country reached 24,180 euros for French aged 75 years old and older, compared to more than 26,000 euros for those aged between 50 to 64 years old.

Retirement in France

France has different divisions of pensions, with one mandatory pension provision based on intergenerational solidarity. The economically active labor force finances pensions by their social security contributions. In 2015, the total value of retirement pension benefits paid in France to compulsory schemes amounted to 302.5 billion euros. Nevertheless, public spending on pensions is expected to decrease for the upcoming years, while the majority of French people are rather dissatisfied by the pension system of their country. Only 46 percent of French relied on the government plans for their retirement, as opposed to 66 percent of Spanish and 53 percent of German.

Average gross amount of pensions per retiree and per month in France between 2010 and 2017

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Sources

Release date

June 2019

Region

France

Survey time period

2004 to 2017

Special properties

retired persons who received a direct right during the year, residing in France or abroad, still alive on 31st December of the year

Supplementary notes

The source adds the following information: "excluding child markup"

"This data excludes individuals who received a lump sum payment. Civil servants who terminate a disability pension and have reached the minimum age of retirement are included. The net pension is calculated after deduction of the CSG, CRDS and CASA. "

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